, , , ,


It comes to this, again: Big Business Vs. Libertarians in the GOP. David Boaz discusses some efforts underwritten by statist businessmen to defeat Libertarian-minded candidates. “It isn’t gay marriage or foreign policy that seems to annoy big and politically connected businesses. They just object that libertarian legislators don’t play the game, don’t bring home the bacon, and actually take seriously the limited government ideas that most Republicans only pay lip service to.”

Another nugget: “This clash between politically minded businessmen and free-market libertarians is an old one. Adam Smith wrote ‘The Wealth of Nations’ to denounce mercantilism, the crony capitalism of his day. Milton Friedman wrote, ‘There’s a common misconception that people who are in favor of a free market are also in favor of everything that big business does. Nothing could be further from the truth.'”