I'm Pretty Sure Too

clipped from chicagoboyz.net But as Shannon Love writes, “Non-Leftist Reality Versus Leftist Fantasy”, never the best of buddies (see also Union, Soviet) are sharing an increasingly uneasy coexistence these days in the US: Leftist always claim that the economic crisis du jour indicates the failure of the free market. Embedded in the assertion is the unstated premise that if leftist ran everything, we would never have economic crises. This in turn reveals the leftist’s wildly exaggerated sense of their own understanding of the economy and everything else. The left’s critique of Friedman in this context is especially silly because I’m pretty sure setting up giant government sponsored enterprises to buy up half the residential mortgages in the country and thereby distorting the markets assessment of risk, isn’t a plan that Friedman would have come up with.

Yup, three clips from that article. Must have been a good one.