Cythraul, for a while I've been looking forward to the idea of debating political and economic philosophy with you at MDF, but more and more I'm coming to terms with the fact that I am so abysmally ill-informed that it would hardly be worth opening my mouth. I was just looking over your last post in the libertarianism thread and I was like, 'What the hell can I even say in response without having spent weeks or months studying economic theory and history?'
I am determined to one day achieve a higher level of understanding about these things than that of the average idiot who considers a few news articles enough to support his claims, but I am far from that point right now, and the career path I chose continues to exert the prevailing influence over my intellectual momentum. If you have any literature to recommend as a starting point though, I might try knocking some out before the end of the month.
I read
a lot. I've read some nice books during the past semester, including:
Social Welfare and Individual Responsibility by David Schmidtz and Robert Goodin.
--This book has a good balance of perspectives. One half is written by a guy who largely shares my perspective on things (D. Schmidtz; he's a professor of philosophy and economics at my alma mater). The other half is written by a guy who is pretty far on the other side of the political spectrum from where I am.
The Machinery of Freedom by David Friedman.
From Mutual Aid to the Welfare State by David Beito.
The Triumph of Conservatism by Gabriel Kolko.
--This one explodes the whole mythology about the Progressive Era. An important book and a good illustration of the whole idea of regulatory capture and corporatism masquerading as social justice.
Organization Theory by Kevin Carson.
--This one can be read for free online
here.
Check out these books if you can.
I also follow the blogs of a lot of professional economists:
http://thinkmarkets.wordpress.com/
http://austrianeconomists.typepad.com/
http://econlog.econlib.org/
I even follow the blogs of people that I find intellectually dishonest:
http://krugman.blogs.nytimes.com/
--That's nobel laureate Paul Krugman's blog. Whatever work he did to win the nobel must have been good, but his commentary on the political scene is
awful and he doesn't understand Austrian econ even though he really likes to criticize it.
http://delong.typepad.com/
--This is Brad DeLong's blog. He's a Keynesian like Krugman, and a liberal. He is actually a genuine asshole. He routinely (1) publicly insults people he disagrees with and (2) deletes comments from his blog that are legitimate and persuasive criticisms of his views. He also sent me an email one time asking me to elaborate on why I called him out for being a hypocrite (this was one of those times when he was insulting a fellow economist.) He's also intellectually dishonest.
I added those last two ones for a balanced perspective.