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Friedrich Hayek’s, with his prescient warning in The Road to Serfdom (1944) that socialism and fascism were not really opposites, but had ‘fundamenta… - Matt Ridley
" "Friedrich Hayek’s, with his prescient warning in The Road to Serfdom (1944) that socialism and fascism were not really opposites, but had ‘fundamental similarity of methods and ideas’, that economic planning and state control were at the top of an illiberal slope that led to tyranny, oppression and serfdom, and that the individualism of free markets was the true road to liberation.
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About Matt Ridley
Matthew White Ridley, 5th Viscount Ridley, DL, FRSL, FMedSci (born 7 February 1958), usually known as Matt Ridley, is a British journalist who has written several popular science books. He is also a businessman and a Conservative member of the House of Lords.
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Alternative Names:
Matthew Ridley, 5th Viscount Ridley
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Hon. Matthew White Ridley
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Matthew White Ridley, 5th Viscount Ridley
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Dr M W Ridley
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Matthew White Ridley
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South Korea and Ghana had the same income per capita in the 1950s. One received far more aid, advice and political intervention than the other. It is now by far the poorer of the two. In general, Asian economies grew their way out of poverty in the late twentieth century, while African economies failed to be aided out of poverty. Trade, not aid, proved the best way to achieve an increase in prosperity.
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