The Public Humiliation of Jacob Weisberg

This past weekend, Editor-in-Chief of Slate, Jacob Weisberg, wrote an error-filled article titled “The End of Libertarianism”. The article is a disturbing look at the misunderstandings of the common media “intellectual”. Fortunately, intermediately after his article was published, an actual intellectual wrote a reply.

Jeffrey Miron, an economist lecturer at Harvard, filled in the missing bits from Weisberg’s bizarre account of history. Enjoy the show:

Whatever one’s views of libertarian policies, the incontrovertible fact is that the U.S. has not pursued such policies. Not in the past 10 years. Not in the past century. Indeed, except for a brief moment before Alexander Hamilton engineered the first U.S. bailout of financial markets, not ever. If the U.S. had truly been the “Libertarian Land” that Weisberg alleges, a huge range of policies that have helped fuel the current situation would have been radically different.

http://www.reason.com/news/show/129580.html