Randianism 1
Robert Nozick, father of libertarianism: Even he gave up on the movement he inspired. - By Stephen Metcalf - Slate Magazine
june 2011 by Vaguery
"Libertarians will blanch at lumping their revered Vons—Mises and Hayek—in with the nutters and the shills. But between them, Von Hayek and Von Mises never seem to have held a single academic appointment that didn't involve a corporate sponsor. Even the renowned law and economics movement at the University of Chicago was, in its inception, heavily subsidized by business interests. ("Radical movements in capitalist societies," as Milton Friedman patiently explained, "have typically been supported by a few wealthy individuals.") Within academia, the philosophy of free markets in extremis was rarely embraced freely—i.e., by someone not on the dole of a wealthy benefactor. It cannot be stressed enough: In the decades after the war, a kind of levee separated polite discourse from free-market economics. The attitude is well-captured by John Maynard Keynes, whose scribble in the margins of his copy of The Road to Serfdom reads: "An extraordinary example of how, starting with a mistake, a remorseless logician can end up in Bedlam.""
libertarianism
economics
philosophy
fads-and-fallacies
politics
Randianism
june 2011 by Vaguery
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