Showing posts with label Cato Institute. Show all posts
Showing posts with label Cato Institute. Show all posts

Monday, August 21, 2017

Pam and Russ Martens — Wall Street’s Latest Plot: Blame the Financial Crash on the French

Wall Street appears to have a plan to get the deregulation it wants by pinning the start of the epic financial crash of 2007-2010 on (wait for it) the French, rather than its own unbridled greed, corruption and toxic manufacture of junk bonds known as subprime debt that it paid to have rated AAA by ethically-challenged and deeply conflicted rating agencies. (The same rating agencies that are getting paid by Wall Street to rate its debt issues today.)...
Wall Street On Parade
Wall Street’s Latest Plot: Blame the Financial Crash on the French
Pam Martens and Russ Martens

Sunday, August 13, 2017

John Quiggin — What’s left of libertarianism?


Cato Institute vs Niskanen Center Libertarianism.

John Quiggin's Blog
What’s left of libertarianism?
John Quiggin | Professor and an Australian Research Council Laureate Fellow at the University of Queensland, and a member of the Board of the Climate Change Authority of the Australian Government

Saturday, May 14, 2016

David Glasner — Saving a Very Old Paper from Oblivion


Update: David Glasner retracts his criticism of Cato. Retraction is in the link below.

On the Cato Institute as champion of freedom. NOT!

Uneasy Money
Saving a Very Old Paper from Oblivion
David Glasner
ht Brad DeLong

Thursday, June 12, 2014

Bill Black — Why the Worst Get on Top – in Economics and as CEOs

Libertarians are profoundly anti-democratic. The folks at Cato that I debate make no bones about their disdain for and fear of democracy. Friedrich von Hayek is so popular among libertarians because of his denial of the legitimacy of democratic government and his claims that it is inherently monstrous and murderous to its own citizens....
New Economic Perspectives
Why the Worst Get on Top – in Economics and as CEOs
William K. Black | Associate Professor of Economics and Law, UMKC

Saturday, July 13, 2013

Twitter dispute: MMT against professor Steve Hanke of Cato Institute, known as “the father of Bulgarian currency board” and the neo-liberal economist Vladimir Karolev


Good one.

Bulgaria And Modern Monetary Theory (MMT)
Twitter dispute: MMT against professor Steve Hanke of Cato Institute, known as “the father of Bulgarian currency board” and the neo-liberal economist Vladimir Karolev
R. V. Markov | MMT in Bulgaria

Warren Mosler12 юли 2013, 10:49a currency board is an instrument of colonial exploitation, designed to force net exports in exchange for net financial assets via downward adjustment of real wages via 'deflation.'

It's not wrong to call it a crime against humanity.

www.moslereconomics.com


Tuesday, March 6, 2012

Noah Smith — Libertarians: Only now, at the end, do you understand...



Given my history of critiquing libertarianism, it would hardly be surprising if I felt a flash of gleeful schadenfreude to see the dismay with which so many movement libertarians are reacting to the Koch takeover of the Cato Institute. But I don't. I just feel sad. Here are a bunch of smart people who truly, honestly believe in their worldview - a worldview that shares some key elements with my own - discovering for the first time that they are in fact merely a proxy army for people who don't take them or their worldview seriously at all.

To those of us outside the movement, the fact that libertarians are a proxy army has always been painfully obvious. The key piece of evidence was always the set of issues that libertarians chose to emphasize. Most Americans share the idea that civil liberties are good, war is to be avoided, and high taxes are bad. But the fact that our country's libertarian movement spent so much time fighting high taxes and so little time fighting the encroaching authoritarianism of conservative presidential administrations was a clear sign that some priorities were seriously out of place. Should we really be more afraid of turning into Sweden than turning into Singapore? The contrast between libertarians' continual jeremiads against taxes and their muted, intermittent criticism of things like warrantless wiretaps, executive detention, and torture was a huge tip-off that the movement was really just some kind of intellectual front for America's right wing.

The thing is, the soldiers in this proxy army didn't seem to realize they were a proxy army....

Read the rest at Noahpinion
Libertarians: Only now, at the end, do you understand...
by Noah Smith
(h/t Mark Thoma)