Often we turn to the past to give us
answers for the future. As all historians will testify to, there is so much
important information in history that can help us establish a more positive
future, and avoid making similar mistakes that have caused the destruction of
states worldwide. Furthermore, history is full of great thinkers, academics and
philosophers, whose ideas remain relevant today and can also help determine the
best paths to take for society. In economics, we ride on a wave of great
thinkers who have changed the ideological landscape over not only the last
century, but hundreds of years before. For classical liberal economist Rick
Kelo, bringing these ideas into contemporary contexts has been at the heart of
his mission.
A common thread that runs through the
writings and ideas of all the greats mentioned above, and furthermore in the
works of individuals like Ludwig von Mises, is a stern warning against state
control and the dangers of taking away our economic liberties- or as it is
known in its 21st century carnation- socialism. By implementing
socialist economic theories governments in recent times have encroached on our
liberties, and we are seeing the very freedoms this great country was built on
slowly become null and void.