Home > Uncategorized > Marginal Revolution: Common mistakes of left-wing economists?

Marginal Revolution: Common mistakes of left-wing economists?

5. Significantly overestimating the quality of the political economy of an America with more powerful labor unions and underestimating the history of labor unions as racist, corrupt, protectionist, and obstructions to positive change…

10. A willingness to think that one has “done one’s best” in the realm of policy, and to blame subsequent policy failures on Republican implementation, rather than admitting that a policy which cannot be implemented by both political parties is perhaps not a good policy in the first place…

12. Implicitly constructing a two-stage moral theory, which first cordons off the sphere of the nation-state (public goods provision, etc.) and then pushing cosmopolitan questions off the agenda in the interests of expanding a social welfare state.  (In fairness, many individuals on the right don’t give cosmopolitan considerations even this much consideration, although right-oriented economists tend to be quite cosmopolitan.)…

13. What about countries?  Classical liberals are increasingly facing up to the enduring successes of the Nordic nations.  There is not always a similar reckoning with the successes of Chile and Hong Kong and Singapore; often this is a sin of omission…

via Marginal Revolution: Common mistakes of left-wing economists?.

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