Re: Good for the Cato Institute

by Stephan Kinsella on October 25, 2010

in LewRockwell.com Blog Posts

From LRC blog:

Lew, your post contains a depressingly good summary of the primary unlibertarian and un-Austrian positions propounded by Cato: as you note, the policies they push expand the State:

massive money printing (for the big banks and big companies), school vouchers (to deliver private schools into the hands of government), the Ownership Society (every person a homeowner through Greenspan’s housing bubble), Social Security Privatization (a new layer of forced savings on top of the present SS taxes, to benefit Wall Street), etc.

In a previous LRC post, What Kind of Libertarian Are You?, I assembled some links to cases where Cato unfortunately strays from the troika of basic libertarian principles of free markets, non-interventionism, and civil liberties, in particular where various Catoites:

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