On Underwriting an Evil
When I vote for the candidate who promises me betterment in my economic condition, I am condoning and encouraging some form of robbery. That does not square with my moral values.
When I vote for the candidate who promises me betterment in my economic condition, I am condoning and encouraging some form of robbery. That does not square with my moral values.
If we are going to look at the current, dismal economy and blame somebody's policies for it, surely we can acquit Ron Paul. That doesn't by itself prove that Ron Paul's views are correct, but it certainly casts doubt on Krugman's constant claims.
Just before the beginning of the crisis, work produced by a variety of leading economists was very positive on the state of macroeconomics; it concluded that the field had made big advances in the last decades. A sample of their comments is offered below.
The envy-driven masses do not care a whit for what the demagogues call the "bourgeois" concern for freedom of conscience, of thought, of the press, for habeas corpus, trial by jury, and all the rest. They long for the earthly paradise that the socialist leaders promise them.
As "left" and "right" categories dissolve and become increasingly meaningless on the American ideological scene, as young people, with the collapse of both the SDS-Left and the liberal "consensus," grope toward a new philosophy and a new orientation, right-libertarianism may ascend.
As with most regulations, the CFC ban hit the poor with a vengeance. Millions of perfectly functioning refrigerators could no longer be recharged with Freon, so everyone was forced to purchase new CFC-free appliances. This, of course, was especially difficult for those with low incomes.
The Creed goes: the United States must have a forward presence everywhere. It must be set up to project its power globally, whether that means boots on the ground, bombs from the sky, or knives in the dark.
Jim Manzi has been challenging mainstream economists to defend their models, which tout the benefits of fiscal and monetary "stimulus." Manzi has repeatedly asked why he should put any faith in the predictions of these models.
Anyone who has worked in middle management has likely, at one time or another, had their big boss pass out some dopey management books that especially touched the hamster-brained sociopath (as Scott Adams would say) who was in charge of operations.