The Stakes

by Don Boudreaux on December 3, 2008

in Current Affairs

The only stake here should be through the heart of any bailout proposal.

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  • Dustin KIang

    To: Save the russbelt,

    Libertarian philosophy recognizes that rational self interested individuals will seek to maximize their utility under normal circumstances. Accordingly, there is no conflict between libertarianism (or probably more accurate to this context belief in laissez-faire capatalism) and working for the state (or in this case having a paycheck subsidized by the state). It is precisely on account of man's willingness to partake in lucrative, bias, monopolistic state sponsored institutions that economists tend to disfavor state participation in the market.

  • Martin Brock

    Expressing Libertarian ideology is still legal, but there's certainly a guvmint conspiracy forbidding its enactment. Forget about market deregulation. Just look at the imperial military industrial complex. We've had two elections in a row in which people expressed reasonably clear opposition to these expenditures, but an Obama administration with a solidly Democratic majority in both houses shows no sign of rolling them back.

  • Gil

    Well, at least a university running via government funding and espousing Libertarianism could hardly complain that there's a guvmint conspiracy forbidding the spread of Libertarianism.

  • save_the_rustbelt

    Don:


    Is your university willing to take the Hillsdale College approach and forsake all direct and indirect government funds?


    Oh wait, you work for the government!


    Nothing funnier than a libertarian working for the government.


    (I'm not a supporter of the Big 3 or the UAW, but I don't think any of them should fail because of the thieves and liars on Wall Street, the ultimate welfare queens.)

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