Economics and Moral Courage
Recorded at the Mises Circle in Seattle, September 12th, 2009. Includes introductory and closing remarks by Douglas French. Sponsored by James M.
Recorded at the Mises Circle in Seattle, September 12th, 2009. Includes introductory and closing remarks by Douglas French. Sponsored by James M.
As for the old conservative claim that libertarians are insufficiently worried about the Soviet threat and too much about garbage collection, note that the Soviet Union is gone and the garbage problem is still with us.
From the point of view of a cynical world the American who entered two world wars and won them both, when his own interest was not paramount, was either an inscrutable hypocrite or an unbelievable romantic, and in either case a dangerous possessor of the world's ultimate power.
Rothbard's willingness to engage in frank criticism of bad ideas from any source only underscores his insistence on honesty and independence of mind.
Then the welfare, the relief, the compensation, instead of being nationally sponsored cash prizes for idleness and ineptitude, could go where the old independent uncompromising fathers themselves would have intended it and blessed it.
"The bailouts, in fact, were an example of government intervention to prevent the free market from holding CEOs accountable."
Got a problem? Just give the government even more power, and our friendly, competent rulers will take care of everything. I shudder to think that columnists may actually get paid for spouting such childish twaddle.
What an irony it is that the capitalist entrepreneurs so despised by the Arts and Crafts Movement turned out to be its saviors.
But the "right people" aren't (and won't be) running for office. Instead, we will continue to have "the average American legislator [who] is not only an ass," as Mencken wrote, "but also an oblique, sinister, depraved and knavish fellow."
The battle between Rand and Branden, moreover, is really no contest. Rand created something, whereas Branden has lived his entire life parasitically off Rand, first as a worshipful disciple and cult organizer, then as a neo-Randian shrink who set up shop in California with the solid initial base of the RandCult's Nathaniel Branden Institute mailing list.