Check out 12:11. http://www.youtube.com/watch?v=i1nqz90TffY
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What are these black/white Austrians being discussed?
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Anybody see Molyneux always using big words while barely breaking the surface of real economic issues?
He’s referring to the likes of Greenspan and Volker who sing lovesongs to Hayek and Rand (although Rand isn’t even an economist but that doesn’t concern the press…) yet fully advocate at minimum monetarism + welfare/managerial state.
As for Molyneux’s economics: he’s not an economist and he doesn’t really need to be.
Of course…because he’s an economic illiterate. Or, at the very least, he knows a lot less than he’d like you to believe (which, of course makes sense, him being a gigantic narcissist.)
A Quick Read on Stefan Molyneux
And evidently, he’s not even that good at philosophizing, which is supposed to be his area of expertise…
David Gordon Layeth the Smackdown
Stefan Molyneux responds to David Gordon.
I guess he’s only really good at being a self-absorbed asshat.