Ever wondered why libertarian economists sound just so breathtakingly stupid - to the point that they can't get basic facts straight? Well, here is the answer (THREAD 1/9)
insidehighered.com/news/2018/05/0…
insidehighered.com/news/2018/05/0…
2/9
A whole economics department, at GMU, and possibly others, has been hand-picked directly by the Koch brothers. For decades.
A whole economics department, at GMU, and possibly others, has been hand-picked directly by the Koch brothers. For decades.
3/9
So, when you see something coming from marginalrevolution.com, Tyler Cowen, Bryan Caplan, Robin Hanson, and the rest of this association of creeps, it is safe to ignore it.
So, when you see something coming from marginalrevolution.com, Tyler Cowen, Bryan Caplan, Robin Hanson, and the rest of this association of creeps, it is safe to ignore it.
4/9
You may think that this may be a recent exception. It is not. Libertarian thinking - going back to von Hayek and Friedman - has always been bankrolled by big business to produce "research" favorable to said big business.
You may think that this may be a recent exception. It is not. Libertarian thinking - going back to von Hayek and Friedman - has always been bankrolled by big business to produce "research" favorable to said big business.
5/9
Initially it was pharmaceutical companies, who wanted to fight back against the government infringing on their liberties of maiming children with their dangerous drugs.
Initially it was pharmaceutical companies, who wanted to fight back against the government infringing on their liberties of maiming children with their dangerous drugs.
6/9
Walgreen (of the Walgreen pharmacies) sponsored a series of lectures about how big business is good and should be let free of killing and commanding everything, which is central in the evolution of libertarian thought. Now it is a other US billionaires, mostly the Kochs.
Walgreen (of the Walgreen pharmacies) sponsored a series of lectures about how big business is good and should be let free of killing and commanding everything, which is central in the evolution of libertarian thought. Now it is a other US billionaires, mostly the Kochs.
7/9
This podcast gives a nice overview of just how amazingly corrupt and nonsensical libertarians are:
dissentmagazine.org/blog/know-your…
with the excellent @Econ_Marshall
This podcast gives a nice overview of just how amazingly corrupt and nonsensical libertarians are:
dissentmagazine.org/blog/know-your…
with the excellent @Econ_Marshall
8/9
Note that libertarians are rabidly in favor of right-wing dictatorships, especially if they end up privatizing the welfare state and national companies. In the classical liberal tradition, they endorsed fascism in Italy and warmed up to the Nazis.
Note that libertarians are rabidly in favor of right-wing dictatorships, especially if they end up privatizing the welfare state and national companies. In the classical liberal tradition, they endorsed fascism in Italy and warmed up to the Nazis.
9/9
Of course, they (Hayek and Friedman) showed enthusiastic support for the CIA-backed Chilean coup in the 70s and sent their underlings to work there, for Pinochet.
Libertarians do not love liberty. They love large corporations who bankroll them, and hate poor people.
Of course, they (Hayek and Friedman) showed enthusiastic support for the CIA-backed Chilean coup in the 70s and sent their underlings to work there, for Pinochet.
Libertarians do not love liberty. They love large corporations who bankroll them, and hate poor people.
For more information about the role of Tyler Cowen in following the Koch's directives and their roles in nominating academics at GMU:
nakedcapitalism.com/2018/05/tyler-…
Libertarians' research and titles have no values. They are court intellectual, paid to spout idiocy.
nakedcapitalism.com/2018/05/tyler-…
Libertarians' research and titles have no values. They are court intellectual, paid to spout idiocy.
