Tuesday, September 14, 2021

Coronavirus Crackdowns and the Ratchet Effect

One of Robert Higgs’ great contributions to understanding government is his exploration of what he terms the ratchet effect. In a 2011 interview posted at the Mises Institute website, Higgs provided this succinct description of the ratchet effect: In my work, the ratchet effect describes the characteristic way in which government under modern ideological conditions grows during a perceived national emergency. The government's size, scope, and power grow abruptly as the government acts to "do...

Read the full report by clicking the title, below...


from Peace and Prosperity http://www.ronpaulinstitute.org/archives/peace-and-prosperity/2021/september/14/coronavirus-crackdowns-and-the-ratchet-effect/