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TUESDAY, NOVEMBER 19, 2019

This is the principle of collectivism; and it remains the principle of collectivism even though the New Conservatives who speak of "community" would prefer a congeries of communities ... to the totalizing and equalizing national or international community which is the goal of the collectivists. This is to their credit.... But what the New Conservatives will not see is that there are no solid grounds on which the kind of "community" they propose as the end towards which social existence should be ordered can be defended against the kind of "community" the collectivists propose.... Caught within the pattern of concepts inherited from classical political theory, they [the New Conservatives] cannot free themselves from the doctrine that men find their true being only as organic parts of a social entity, from which and in terms of which their lives take value. Hence the New Conservatives cannot effectively combat the essential political error of collectivist liberalism: its elevation of corporate society, and the state which stands as the enforcing agency of corporate society, to the level of final political ends.
 
Frank S. Meyer, In Defense of Freedom [1962]

HORNBERGER'S BLOG

November 19, 2019
The Socialism of the Federal Reserve
The Federal Reserve is the federal entity charged with determining the quantity of money in the American economy. To boost the economy, it expands the money supply. If the economy gets too “overheated,” it slows the rate of increase. In other words, the Fed is the government’s monetary central planner. It plans the monetary affairs of hundreds of millions of ...
Go to the blog

EXPLORE FREEDOM

CONSERVATISM
LibertyView Podcast: Are Trump Supporters Make-Believe Conservatives?
by Bart Frazier
The Future of Freedom Foundation
PROPERTY RIGHTS
IRAN
TORTURE
COLD WAR
SOCIALISM
ECONOMICS
MONETARY POLICY
FOREIGN POLICY
NATIONAL SECURITY STATE

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EVENTS

The Libertarian Angle
Wednesday, November 20, 2019
World Wide Web

Speakers: Jacob Hornberger
and Richard Ebeling

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