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October 09, 2008

Financial Crisis: All Uncle Milton's Fault?

Will Wilkinson has some fun with Naomi Klein's latest nonsense.

Naomi Klein says [the financial crisis discredits neoliberalism]. Or she wants it to. She thinks it discredits Milton Friedman in particular, because for Klein not a sparrow falls without Friedman’s having somehow strangled it. Hers is a tiny intellectual universe containing, on the one hand, the things she likes and, on the other, the baleful influence of Milton Friedman.

Did you know, for instance, that Paul Bremer was a Friedmanite agent of mass destruction in Iraq? Apparently so!

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