Read time: 1 minute

Libertarian Alan Greenspan Admits: Libertarian Economics Don’t Work! (Video)

Greenspan admitted the the whole notion of “counterpart surveillance,” a foundational economic idea of libertarianism, doesn’t work.
Libertarian Alan Greenspan Admits: Libertarian Economics Don’t Work! (Video)

Via Americans Against The Tea Party:

Thom Hartmann took libertarianism to task on his show recently, and the most interesting highlight was a soundbite he played from Alan Greenspan, where Greenspan admitted the the whole notion of “counterpart surveillance,” a foundational economic idea of libertarianism, doesn’t work.

Hartman begins with a brief history of libertarianism, and then touches on Alan Greenspan’s mentor, Ayn Rand. It’s interesting to note that Ayn Rand hated libertarians; she felt they were intellectual thieves, that they were working closely with theocratic interests in this country, and that they were “anarchic ...

Continue reading...

Can you help us out?

For 16 years we have been exposing Washington lies and untangling media deceit. We work 7 days a week, 16 hours a day for our labor of love, but with rising hosting and associated costs, we need your help! Could you donate $21 for 2021? Please consider a one-time or recurring donation of whatever amount you can spare, or consider subscribing for an ad-free experience. It will be greatly appreciated and help us continue our mission of exposing the real FAKE NEWS!

More C&L Coverage

Discussion

New Commenting System

Our comments are now powered by Insticator. In order to comment you will need to create an Insticator account. The process is quick and simple. Please note that the ability to comment with a C&L site account is no longer available.

We welcome relevant, respectful comments. Any comments that are sexist or in any other way deemed hateful by our staff will be deleted and constitute grounds for a ban from posting on the site. Please refer to our Terms of Service (revised 3/17/2016) for information on our posting policy.

Please Do Not Use the Login Link at the Top of the Site.

In order to comment you must use an Insticator account. To register an account, enter your comment and click the post button. A dialog will then appear allowing you create your account.

We will be retiring our Crooks and Liars user account system in January, 2021.

Thank you.
C&L Team