The Economic Ignorance of Liberals

-Jacob G. Hornberger

In a recent article entitled Gunning for Health Care,” New York Times columnist Gail Collins made a catty remark about libertarians. Referring to William Kostric, the New Hampshire libertarian who was openly carrying a pistol during a protest, Collins wrote: “Beyond an air of mild surprise, he seemed like your average hard-core Ron Paul voter — male, smug and obsessed with the money supply.”

That smart remark reflects one of the big problems that afflict American liberals: their dismal understanding of economics.

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