Ricochet is the best place on the internet to discuss the issues of the day, either through commenting on posts or writing your own for our active and dynamic community in a fully moderated environment. In addition, the Ricochet Audio Network offers over 50 original podcasts with new episodes released every day.
“In my business,” explained one immigrant entrepreneur in the mid-1930s, “I am the best economist.” So went the argument against centralized power acting for what it believed to be the common good. Knowledge is too diffuse for a command economy to function – just one lesson among many that historian and author Amity Shlaes gleaned from her study of New Deal administration and compiled into her 2004 Bradley Lecture, “The New Deal and Class Warfare.”
This lecture was originally delivered in April 2004.
Subscribe to AEI Podcast Channel in Apple Podcasts (and leave a 5-star review, please!), or by RSS feed. For all our podcasts in one place, subscribe to the Ricochet Audio Network Superfeed in Apple Podcasts or by RSS feed.