Sunday, May 26, 2013

Economist Umair Haque Uses Twitter To Dissect Conservatism

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Most people who know who author and economist Umair Haque is, probably know him for his coverage of modern capitalism at the Harvard Business Review. But he's also a voracious twitter. This (partial) series of tweets yesterday is one of the best uses of Twitter I've ever seen:

















It would be great to see Mike Lux put his book on the nature of American conservatism, The Progressive Revolution: How the Best in America Came to Be, into twitter form.

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posted by DownWithTyranny @ 9:00 PM
1 comments  |  Reddit

1 Comments:

At 12:55 AM, Blogger Dennis Jernberg said...

Too bad I've been neglecting Twitter lately (too much editing of a book I'm writing)... *facepalm* Still, Haque's tweets are absolutely spot on, and I'd love to see Mike Lux tweet his book too.

Meanwhile, I just read Corey Robin's article on the Nietzschean elitism of the Austrian School of free-market economics (link): looks like Carl Menger's snake oil is just as poisonous as Irving Fisher's (i.e. Chicago School monetarism). The article contains the one little piece of information that finally cured me of "anarcho-capitalism" (an oxymoron), in fact the answer to one question that's nagged me for years: is there a form of marginal-value theory that's compatible with socialism and even Marxism? The answer: yes — if marginal value derives from consumers rather than (as Friedrich Hayek, the article's subject, insists) investors.

 

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