Another example of co-option of the phrase "Radical Centrism" by someone
who doesn't begin to understand what it means.
BR comment
-----
Rich G Paul's Instablog
_Radical Centrist_ (http://radical-centrist.blogspot.com/)
A Libertarian tries to sell freedom to a population almost completely
convinced of it's own impotence and incompetence, and overcome by fear that
the
decisions they made for themselves would be even worse than those made by
the politicians who run their lives today.
.
[ This is one foundational assumption of RC, but only one, and it is only
the beginning
of what RC is all about. This leads to a question about why a certain
number of libertarians have taken to the phrase. Where did they get it from ?
Why do they know so little about RC ? BR comment ]
.
------------------------
Oct 6, 2008
>From the von Mises Institute
The most famous depression in modern times, of course, was the one that
began in a typical financial panic in 1929 and lasted until the advent of
World War II. After the disaster of 1929, economists and politicians resolved
that this must never happen again. The easiest way of succeeding at this
resolve was, simply to define "depressions" out of existence. From that point
on, America was to suffer no further depressions. For when the next sharp
depression came along, in 1937–38, the economists simply refused to use the
dread name, and came up with a new, much softer-sounding word: "recession."
From that point on, we have been through quite a few recessions, but not a
single depression.
If only actual problems could be caused that easily. In order to prevent
the reality of a depression (or recession, if you prefer), they only need to
do two things:
1. Get out of the way
2. Better define and enforce property rights
But then again, if they came up with simple solutions, they wouldn't be
able to hide their corruption. People would actually understand what they
were doing!
And if they came up with solutions that worked, people would understand how
little we really need them.
.
----------------------------
.
--
Centroids: The Center of the Radical Centrist Community
<[email protected]>
Google Group: http://groups.google.com/group/RadicalCentrism
Radical Centrism website and blog: http://RadicalCentrism.org
