73. What is The Knowledge Problem?

Governments like to claim they know enough to be able to control and plan out entire economies. But with so many individual actors contributing to the economy, it is impossible for one central body to have enough information to make informed decisions. Economist F.A. Hayek explained this conundrum with what if called “the knowledge problem. […]

72. Is Health Care a Human Right?

Health care is one of the hottest topics in our country today. While American health care is in need of reform, many have tried to argue for a government takeover of the entire system. These people often justify this by claiming that health care is a human right. But what is a human right and […]