I apologize, sincerely, to John Tamny. I allowed my intellectual disagreement with him on questions of the causes and consequences of government debt to prompt me to post at Café Hayek a response to John that is plausibly seen as ungenerous (although my quotation, in that post, of his words were cut and pasted from his original text, leaving out only a subordinate clause the meaning of which I did not grasp and that seems to me did not alter the underlying message of the quoted passage).
John is a well-meaning, thoughtful, and important scholar who is a true champion of liberalism and limited government. He’s someone with whom my disagreements are tiny when put beside my agreements with what he says and writes.
That I gave offense to John – that I failed to interpret his theory of deficit financing by government as generously as it deserves to be treated – is my bad, a bad act that I regret and for which, again, I offer my sincere apologies.
