Thursday, August 6, 2009

McArdle's Mendacity

A great smackdown of Megan McArdle and her hypocrisy. A revealing example of how many on the right bash government, yet wouldn't be where they are in life without it.

Reminiscent of the message in Ha Joon Chang's Kicking Away the Ladder - in which he tells the story of economic development through the ages. All the paths taken by today's developed countries are no longer the paths recommended by those countries to the presently developing countries.

Even though a government job was good enough for McArdle's father, opened doors for lucrative work, paid for her private schooling, and appears to have allowed quite a nice standard of living for her and her family, government is bad and the market is our true savior.

For Further Reading:
Media Are People Too
Pushing On A String

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