Liberalism
Neil Craig writes about the
"Liberal" Democrat conference:
Taken all in all the LibDems Conference get their funding overwhelmingly from the state, some via middlemen. This perhaps explains why all of the motions under discussion involve more regulation, government spending &/or taxes & none of them endorse anything the founders of liberalism would have recognised as such.
The trouble is that it's not only the "Liberals" who are illiberal, that's true of all of the mainstream parties here in Scotland. The same's the case almost everywhere else of course. Except, that is, on the Internet. It's like a parallel universe out there. Politicians, newspaper journalists and television presenters are running around like headless chickens with no clue as to how to deal with the economic crisis. But the truth
is out there.
Things are quite different from the recession of the 1970's, which coincided with my discovery of libertarianism and Austrian School economics. Back then one had to be extraordinarily lucky to come across the likes of Mises, Hayek and Rothbard. Now correct explanations of why the crisis arose are just a few clicks away. But still the establishment doesn't get it. Or perhaps doesn't want to. I wonder if we're going to see one of those paradigm shifts after which everyone will be claiming to have known what was going on all along.
posted by David Farrer at 18:42
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