Why Oh Why Can't the Media Distinguish "Free-Market" and "Relatively Free Market"?
By Bryan Caplan
According to the NYT, libertarians ruled Washington during the Clinton era:
FOR years, the Clinton wing of the Democratic Party, exercising a lock on the party’s economic policies, argued that the economy could achieve sustained growth only if markets were allowed to operate unfettered and globally.
The article then lists an array of statist policies that Democrats agree on, plus some additional statist policies that Clinton-types reject.
I feel an H.M.S. Pinafore moment coming on…
“Well, hardly fettered.”
“Well, somewhat more fettered than we already are, but not as fettered as those other guys want to fetter.”