September 14th, 2006

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Michael Powell and the Church of the Libertarians

How do we define the fanatic believer from the person with an ideological bias? After all, we all have ideological biases in the sense that we prefer certain outcomes and look to certain types of explanations as a first hypothesis. That's not bad. But at some point, you've crossed the line into "true believer."
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Is There Something Wrong With The Economy?

I hear many Republicans in DC complaining that the American people don't get it. Why don't they realize how greta the economy is doing? We have low unemployment, relatively high national productivity. More people become millionaires in the United States every day than anywhere else in the world. As one lobbyist of my acquaintance said "I just want to grab the American people and shake them and ask 'what do you expect?' Get real!"

This isn't cold blooded calculation or "let them eat cake" cluelessness. It is a fundamental disagreement about what a functioning economic system looks like.
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