By Bryan Caplan
Steve Levitt assures us:
In general I am not much of a libertarian…
But then he holds government policies up to a standard many can’t meet:
…but our government’s policy towards gambling is completely idiotic and rife with internal contradictions. (Case in point: A state run lottery that pays out fifty cents on the dollar is okay, but U.S. casinos are prohibited from being involved in internet gambling sites).
My question: If everyone favored the abolition of all policies that are “completely idiotic” and “rife with internal contradictions,” what would be left? Think about trade policy, prohibition of marijuana, or our massive transfers to the non-poor elderly. Levitt may think he’s not much of a libertarian, but a world of “Levitt libertarians” who eschew idiocy and contradiction would be a huge step in a libertarian direction.