Left versus Right as a Political shorthand is nonsense. The true Political spectrum is Libertarian versus Authoritarian
Saturday, September 13, 2014
Fundamentalist
Paul Krugman's "The Inflation Cult" editorial in the New York Times hints at a problem with all fundamentalist; their complete inability to take in contrary evidence. Medicine tests and confirms Darwin's theory of evolution every day. Economics is not getting the same sort of continual and correct feedback from the likes of Rick Santelli, Peter Schiff and Ludwig von Mises. Milton Friedman on the other hand was open to refining economic theory so that it would explain reality correctly.
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