SMRs and AMRs

Tuesday, August 28, 2012

The schizophrenia of following multiple economic camps

The Paul Ryan paradox: Ayn Rand & Friedrich Hayek?

By: Nicholas Wapshott, Politico.com
August 27, 2012 11:02 PM EDT

Rep. Paul Ryan (R-Wis.) has been done a great disservice.

He is painted as a crazy ideologue, who channels dangerous ideas of foreign thinkers like the Austrian economists Friedrich Hayek and Ludwig von Mises and the anti-communist, Russian cultist Ayn Rand to revolutionize the way the United States is run. He is labeled a conservative and a libertarian firebrand, ready to launch an ideological barrage against Romney administration foot-draggers. Including the man in the Oval Office.

Leading conservatives are impressed by Ryan’s erudition. The Weekly Standard dubbed him “the Republican Party’s intellectual leader.” Ryan was Rupert Murdoch’s first choice for veep and editors at his Wall Street Journal and Fox News duly lobbied for Ryan’s appointment. Mitt Romney, threatened by the wrath of Murdoch’s media empire, duly made brain-box Ryan his sidekick.

With Ryan’s devotion to the ideas of Hayek and Rand on full display, the Republican rank and file were relieved they at last had a true believer to follow. In the words of conservatism’s excitable high priest, Rush Limbaugh, “We now have somebody on the ticket who’s us.”

(More here.)

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