Since 2013, the Venezuelan economy has been in free fall. In just seven years, the country’s gross domestic product has lost nearly 70 percent of its value. This economic collapse represents the largest in the modern history of the western hemisphere.
The pandemic reminds liberals of the difference between limited government and incompetent government, but it should reinforce belief in the superiority of liberal democracy, argues Dr. Tom G. Palmer.
It took us 75 years to rebuild freedom in some parts of Europe after the totalitarian horrors of World War Two, and less than three weeks to bring it to its knees again.
Freedom can only be preserved if it is defended not merely for reasons of recognisable usefulness but as a fundamental principle. (Friedrich A. von Hayek)
As much as I would like to believe that the COVID-19 crisis will produce a future where evidence-based policies triumph over other forms of governance, t