Industrialization and capitalism finally freed us from the starvation and deprivation of endless centuries of subsistence living. Now socialists in Venezuela have managed to reverse centuries of progress.
Skidelsky manifests an inordinate distaste for money and “greed.” Far better in his eyes is the pursuit of power by the State, even at the cost of wars and massive public debt. Some of us will not agree.
Is smaller better? Sometimes. But we also know that the power of the state is often used to grow institutions beyond what would be their natural size in a freer world.
High-deductible or "catastrophic" health plans offer real protection from health disasters. But most government-approved forms of health "insurance" are really just welfare programs in disguise.
