Mises Wire

Facebook icon
LinkedIn icon
Twitter icon
Home | Blog | Ralph Nader Cites Mises, Hayek, and Rothbard

Ralph Nader Cites Mises, Hayek, and Rothbard


Ralph Nader argues in his new book, Unstoppable, that the left and right are coming together in their opposition of corporatism: those government policies that favor the economically powerful over the general public interest.  This convergence of the left and right presents an opportunity for people to drop their political labels and unite to overturn the nation's corporatist economic policies. He wants to eliminate corporate welfare and bailouts, but is short on details about how this can be done.  I'm not objecting here.  The first step is recognizing a commonality of interests that could organize to limit government in this area.  But because I don't see a clear mechanism here that will be sufficient to overturn entrenched and powerful special interests, it is not apparent that this commonality of interests really is unstoppable. One interesting thing about Nader's book is his favorable references to prominent Austrian school economists, including Mises, Hayek, and Rothbard.  References like this from a beacon of the political left are a good sign for the visibility and credibility of the Austrian school.

Randall G. Holcombe is Research Fellow at The Independent Institute, DeVoe Moore Professor of Economics at Florida State University, past President of the Public Choice Society, and past President of the Society for the Development of Austrian Economics. He received his Ph.D. in economics from Virginia Tech, and has taught at Texas A&M University and Auburn University. Dr. Holcombe is also Senior Fellow at the James Madison Institute and was a member of the Florida Governor’s Council of Economic Advisors.

Add Comment

Shield icon wire