Greg Mankiw, chairman of the economics department at Harvard University, writes:
Paul Krugman says there aren't enough libertarians in the U.S. to make a libertarian candidate like Rand Paul viable. I am not so sure about the paucity of libertarians, but even so, I doubt that Rand Paul is the best representative of that group.
Similar to Krugman, I would define a libertarian voter as one who leans left on social issues (such as same-sex marriage) and right on economic issues (such as taxes and regulation). I certainly put myself in that camp, and I don't think I am as lonely as Krugman suggests.Just exactly what kind of "libertarian" is Mankiw?
For starters, he is in favor of a higher gas tax. and he doesn't call for the elimination of the Fed. but for an announced inflation target by the Fed, that is, a money printing Fed.
With delusion like this, I wonder if he also thinks he is Murray Rothbard.
-RW
"Paul Krugman says there aren't enough libertarians in the U.S. to make a libertarian candidate like Rand Paul viable. "
ReplyDeleteApparently, Krugman wouldn't know a libertarian if one bit his ankle.
"I would define a libertarian voter as one who leans left on social issues (such as same-sex marriage) and right on economic issues (such as taxes and regulation)."
Apparently, Mankiw wouldn't know a libertarian if one hectored him at one of his lectures.
The late David Nolan would have said that Mankiw sounded very much like a libertarian, but unless he took The World's Smallest Political Quiz at http://www.theadvocates.org/quiz/quiz.php and got a 100%...
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