I’ve previously pointed to the almost religious way in which Libertarians cling to the free-market and in that same spirit I recently stumbled upon a blog called Naked Capitalism. My first thoughts were of more Rothbardian masturbatory stories of the glory of the “free market”. Instead I found an article talking about a new book being pimped in the Gaurdian called “The Gods That Failed: How Blind Faith in Markets Has Cost Us Our Future” in which the author says this:
So if you scrutinize the argument, you’ll see a lot of bold strokes and bright color, more cartoon than a well-detailed portrait. But guess what? The free market ideology is often crudely drawn and similarly suffers under close examination. The libertarian fantasy is that we can do away with government except for things like defense, roads, etc.
Not what I expected from a site named Naked Capitalism.

Glad I found this site! Libertarians are the dumbest people in America.
Comment by jabuhrer — May 22, 2009 @ 11:24 pm
Jabuhrer, you are dead wrong there. They are the dumbest people in the world!
Comment by GlenH — May 28, 2009 @ 8:02 am
Yves Smith seriously rocks.
Comment by The Barefoot Bum — April 24, 2010 @ 9:47 pm