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View Diary: “Condensing Friedrich Hayek: How Popularization Radicalized Austrian Economics” (99 comments)

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  •  WOW! (2+ / 0-)
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    basquebob, milkbone

    This is not a diary. This is an article for a high quality magazine like the New Yorker or Atlantic that raises the level of discourse here even higher than its already fairly high level. Bravo, sir!

    Also, I'm only now starting to read up on putative RW heros like Hayek, and I'm finding that, as with his protege Milton Friedman, he's not quite the anti-liberal staunch libertarian his latter-day declared worshippers claim he is. He believed in regulation and intervention, along with Friedman, despite what they claim. Only not to the extent and in the way that liberals often prefer.

    One can go back further and show how other modern conservative heros like Smith, Burke and Hamilton didn't quite believe in what they claim they believed. They all saw a role for federal economic intervention, and for the need to take care of the neediest. None of them were proto-Randians.

    It's a crying shame the way the RWNM has perverted the national debate on these and other important matters, from a legitimate debate about the size, scope and nature of necessary government intervention in the economy, to an illegitimate debate between intervention and almost no intervention.

    We need to take back this debate. Thanks for helping out with that!

    "Liberty without virtue would be no blessing to us" - Benjamin Rush, 1777

    by kovie on Wed May 16, 2012 at 08:08:51 PM PDT

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