One of my favorite econ blogs is Cafe Hayek, from Don Boudreaux at George Mason University. Many of his posts are copies of "open letters" he writes to various news outlets or political figures. To the Washington Post yesterday:
Here are some takeaways from the comments of last-evening’s Democratic presidential “debaters”:
– Large private companies that, despite being unable to force their services upon us, are nevertheless impoverishing and enslaving us. We can be saved from this scourge only by giving more power and resources to an even larger institution that does have the ability to force its ‘services’ upon us.
– The trick to making health care and education less costly is to finance even more of it with money taken from third parties.
– We ordinary Americans are incompetent to choose the terms on which we each seek employment and on how to finance our college educations. We are competent only to choose which politician possesses the competence to choose for us the terms on which we collectively must take employment and on how to finance our college educations.
– It’s not only acceptable, but downright patriotic and admirable, for adults in political settings not only to be ungrateful, petty, envious, covetous, and bullying, but also to be comically uninformed about matters on which they ostensibly came prepared to discuss.
Donald J. Boudreaux
Professor of Economics
Martha and Nelson Getchell Chair for the Study of Free Market Capitalism at the Mercatus Center
George Mason University
Fairfax, VA 22030
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