I’m not going to lecture you about Jeff Bezos either, although I do want to note that he came out of a hedge fund and he’s ostensibly a libertarian; these aspects of his background make me uneasy, because in my experience they tend to be found in conjunction with a social-darwinist ideology that has no time for social justice, compassion, or charity. (When you hear a libertarian talking about “disruption” and “innovation” what they usually mean is “opportunities to make a quick buck, however damaging the long-term side effects may be”. Watch for the self-serving cant and the shout-outs to abstractions framed in terms of market ideology.)
Emphasis mine. Jonah Goldberg, hit this guy with a cluebat.
The other economically ignorant Paul (Krugman) loses a bet. It’s useful to note that Paul Ehrlich’s partner in economic ignorance was John Holdren, the current president’s science advisor.