by Monty Pelerin
Monty Pelerin’s World
Lord Acton famously said that “power corrupts and absolute power corrupts absolutely.” Politics is power and politics corrupts.
The bigger the political role in the life of a nation, the less powerful the individual and free markets are. At some point, and we may have passed that point, politics corrupts and absolute politics corrupts absolutely.
Most politicians support bad decisions by suppressing data or providing misleading data. Nothing illustrates that more than the so-called Covid-19 “crisis.”
This real medical event quickly became a fake political crisis designed to destroy the economy and frighten the electorate in advance of an election. One party believes that it enhances their chance of winning. Yet both parties understand it enhances political power over voters and paves the way for future infringements on liberty.