[lbo-talk] Libertarians and micro economics

Jim Farmelant farmelantj at juno.com
Sun Sep 14 02:29:56 PDT 2014


That seems to me to be pretty much a recapitulation of Schumpeter, as in his book - Capitalism, Socialism andDemocracy. http://digamo.free.fr/capisoc.pdf

Jim Farmelant http://independent.academia.edu/JimFarmelant http://www.linkedin.com/in/jimfarmelant www.foxymath.com Learn or Review Basic Math

-------------------------------------------------- From: "Eugene Coyle" <e.coyle at me.com> Sent: Saturday, September 13, 2014 1:09 PM To: "LBO" <lbo-talk at lbo-talk.org> Subject: [lbo-talk] Libertarians and micro economics


> Peter Thiel, the billionaire Libertarian, had an essay in yesterday's WSJ,
> which I mentioned yesterday with not-enlightening subject line of "Quote
> of the day".
>
> I've had the impression that a key underpinning of Libertarian thought is
> the market, the free market, with unfettered competition.
>
> Here is a leading Libertarian denouncing textbook micro economics. As he
> should, as everyone should.
>
> What will Libertarian thought stand on as Peter Thiel's thoughts are
> propagated become embraced?
>
> Gene
>
>
>
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