ARNOLD KLING
August 14, 2011
The Top Political Contributors
August 11, 2011
Gender and the New Commanding Heights
August 11, 2011
Jamie Galbraith Makes an Assumption
August 11, 2011
Macroeconometrics: The Science of Hubris
August 10, 2011
Real and Nominal Bond Yields
BRYAN CAPLAN
August 14, 2011
The Effect of Thumb Sucking on Income
August 12, 2011
The Voice of Cold, Hard Truth to All Would-Be Educators
August 12, 2011
Ability, Morality, and Prosperity: A Paper and a Report
August 11, 2011
The Theory of Time and Frittering
August 10, 2011
Male Variance and the Remnants of the Gender Gap
DAVID HENDERSON
August 9, 2011
Hayek in "Unbroken", Part Two
August 8, 2011
Hayek in "Unbroken"
August 5, 2011
James Bovard on the Peace Corps
August 4, 2011
Summers Way Off on FDR and 1941
August 3, 2011
The "Amazon" Tax
SHARE
And it is exactly distinctions like these - and the expectation that the body politic will understand or even care about such distinctions - that ensure that political libertarianism remains a dead end, perpetually pushed around by pro- and anti- business anti-capitalists.
This -- running the state for the benefit of folks who have the capital -- is exactly what most people mean by capitalism. It's past time for free marketers to give up on the world "capitalism".
Arnold,
AIG going under would be a bad thing. I'd think we'd agree that keeping AIG afloat in much the same manner of LTCM would be the way to go.
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