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Broke the Koch Brothers' Takeover of America
reason foundation

This article is cross-posted on Naked Capitalism.

Another Monday, another “deficit crisis” panic. If you haven’t got the feeling yet that you’re being played like a sucker over this alleged “deficit crisis,” then let me help you cross that cognitive bridge to dissonance. It comes in the figure of the recently-deceased William Niskanen, the embodiment of how Reaganomics and the Koch brothers’ libertarian movement were joined at the hip. Niskanen was an advisor to Ronald Reagan throughout the 1970s; a board director for the Koch-founded Reason Foundation; a member and chairman of Reagan’s Council on Economic Advisers from 1981-85; and he moved directly from Reagan’s side back to the Koch brothers’ side, as chairman of the libertarian Cato Institute from 1985 until 2008. This is a brief story about how the 1% transformed this country into a failing oligarchy, and their useful tools, starting with A-list libertarian economist William Niskanen, Chicago School disciple of Milton Friedman, advocate of the rancid “public choice theory.” (more…)

November 21st, 2011 | Comments (12)

The Think-Tank Archipelago: Adam Curtis On How Libertarian Think-Tanks Crippled Thinking

Adam Curtis has just posted a must-read blog that tries to answer the big political dead-end we face today: Why can’t we think up any new ideas besides the failed libertarian free-market ideology that brought us to ruin? Curtis’ answer: We’re all prisoners of the Libertarian Think-Tank Archipelago.

September 16th, 2011 | Comments (31)

David Foster Wallace: Portrait Of An Infinitely Limited Mind

You have to give David Foster Wallace some credit – he was better at making his fans bash themselves than any other writer of the Pynchon school. His magnum opus, Infinite Jest, is a 1000-page novel full of intestinally-shaped sentences and fine-print notes on calculus, organic chemistry and VCR programming. Normally, when a book like that comes out, people realise its purpose right away: terrorising B.A. students into meek submission.

May 23rd, 2011 | Comments (204)