In the unlikely event that any cons here think Hayek

[editec]

supoported their anti-government pro-supply sider POVs?

Think again

As he undertook an American lecture tour in 1944, Hayek expressed frustration that many of his most ardent acolytes seemed not to have read the book. Although “The Road to Serfdom” expressed deep anxieties about central planning, it was also explicit about the positive role that government could play. “Probably nothing has done so much harm to the liberal cause,” Hayek wrote, as a “wooden insistence” on “laissez-faire.”

Hayek was quick to point out a number of areas where regulations might be beneficial, including the restriction of excessive working hours, the maintenance of sanitary conditions and the control of poisonous substances. And he argued that the price system became “ineffective” when property owners weren’t charged for the damages they caused; hence the need to regulate deforestation, farming, and the smoke and noise produced by factories. “In such instances,” he wrote, “we must find some substitute for the regulation by the price mechanism.”

As Republicans Hail Hayek, Their Plans Advance Friedman - Bloomberg

AS Keynes and his (now supposedly nemesis) Hayek were both contemporaries and friends, it ought NOT surprise those of us who actually READ the thoughts of great economists (and Hayek was that, although not as respected by far as Keynes) that they were NOT at odds with each other as to the PURPOSE of GOVERMENT AND ITS POWER TO REGULATE.

Those of you (and I suspect there's a couple of yas) who actually READ the Road to Surfdom too often fail to grasp Hayeks main point.

CENTRALIZED PLANNING is a bad idea.

FYI, yeah, and nobody in the Keynesian camp disagrees.

 

[Oddball]

Since when did republicans become anti-gubmint?

 

[EdwardBaiamonte]

they were NOT at odds with each other as to the PURPOSE of GOVERMENT AND ITS POWER TO REGULATE.

too stupid of course!! They were polar opposites. Hitler and Stalin probably agreed too about purpose and power to regulate.

The question is how much power and regulation!

Its hard to believe how much is over your head. Were you dropped on your head as a baby?



NY TIMES: Unlike Beck, Hayek was a very serious thinker, and it would be too bad if the current association between the two led us to dismiss his thought. Hayek always had problems getting the respect he deserved; even when he was awarded the Nobel in economic science in 1974, the awards committee paired him with the left-leaning economist Gunnar Myrdal. With the passage of time, however, many of the ideas expressed in “The Constitution of Liberty” have become broadly accepted by economists — e.g., that labor unions create a privileged labor sector at the expense of the nonunionized; that rent control reduces the supply of housing; or that agricultural subsidies lower the general welfare and create a bonanza for politicians. His view that ambitious *government-sponsored programs often produce unintended consequences served as an intellectual underpinning of the Reagan-Thatcher revolution of the 1980s and ’90s. Now that the aspirations of that revolution are being revived by Tea Partiers and other conservatives, it is useful to review some of the intellectual foundations on which it rested.

 

[Paulie]

Since when did republicans become anti-gubmint?

Since when did they even know who the fuck Hayek was?

When did the GOP hijack Austrian economics? I guess I missed that.

 

[EdwardBaiamonte]

Since when did republicans become anti-gubmint?

Since when did they even know who the fuck Hayek was?

When did the GOP hijack Austrian economics? I guess I missed that.

too stupid!! Austrians and Friedman and Republicans are capitalist free market while libturds spied for Stalin and support Obamacare.

Is that simple enough even for a typicially very very slow liberal???

 

[Oddball]

Republicans haven't been capitalist since at least Coolidge....Since his day, they've been the ones selling themselves as the best managers of the progressive/socialistic welfare state.

 

[hjmick]

Damn. This isn't about Selma?

 

[EdwardBaiamonte]

Republicans haven't been capitalist since at least Coolidge....Since his day, they've been the ones selling themselves as the best managers of the progressive/socialistic welfare state.

Republicans are very much capitalists but democracy requires them to compromise lest they end up like libertarians: pure and impotent!

 

[Oddball]

Republicans have been impotent for as long as I've been alive.

 

[EdwardBaiamonte]

Republicans have been impotent for as long as I've been alive.

4 uber conservative supreme court picks, 100% against Obamacare and Stimulus, plus many recent Balanced Budget Amendments and most signed the Pledge. Your quarrel is with the American poeple not with Republicans.

 

[Oddball]

Pffft.

The American people elected republicans to be republicans...They got bait-and-switched in '95, 2000 and '04.

And don't even get me started about Tim Pawlenty and the massive number of fakes in Minnesota.

 

[EdwardBaiamonte]

Pffft.

The American people elected republicans to be republicans...They got bait-and-switched in '95, 2000 and '04.

And don't even get me started about Tim Pawlenty and the massive number of fakes in Minnesota.

if Republicans did not compromise they would have the same number of Supreme court picks as libertarians!! As I said your quarrel is with a liberal electorate, you've got to man up and accept that!!! Rand Paul is a Republican!!

 

[Oddball]

If republicans didn't fold like pup tents, they'd be republicans.

But they do so they're cheap imitations of lolberals.

BTW, how'd that "conservative" John Roberts work out for ya, Gomer?

 

[EdwardBaiamonte]

If republicans didn't fold like pup tents, they'd be republicans.

no they'd be impotent libertarians

But they do so they're cheap imitations of lolberals.

4 supremes and 30 Balance Budget Amendments is not cheap at all!!

BTW, how'd that "conservative" John Roberts work out for ya, Gomer?

far far better than 4 crazy liberals would have worked out.

 

[Oddball]

They're already impotent without being libertarians.....Being so, they collapse like cheap luggage to the lolberal establishment machine, like the good little house pets that they are.

And Roberts has been no better.

 

[EdwardBaiamonte]

They're already impotent without being libertarians......

4 supremes and 30 BBAs makes the Navy Seals when operating in a liberal country

 

[Oddball]

If all you can hang your hat on is USSC, then your party is fucking impotent.

It's why I haven't voted for a single republican since '94.

 

[EdwardBaiamonte]

If all you can hang your hat on is USSC, then your party is fucking impotent.

It's why I haven't voted for a single republican since '94.

Ask Obama, the Republicans are Navy Seals, always in the way and occasionally scoring some major victories.

 

[Oddball]

Big fat hairy deal.

You're giving away the republic....Giving it away.

I'd say losing if y'all were actually fighting, but you're not.

 

[EdwardBaiamonte]

Big fat hairy deal.

You're giving away the republic....Giving it away.

I'd say losing if y'all were actually fighting, but you're not.

if the Navy Seals is all you got then you use them the best you can. I think Obama would agree the Republicans make a heroic effort under the circumstances.

You have some mental thing against recognizing the circumstances.