Lots of people have been pessimistic about democracy lately:
- Khaled Haroub on what has deterred democracy in the Middle East.
- A new NBER working paper finds that joblessness leads people to question the efficacy of democracy and demand "rogue leaders".
- People over at Crooked Timber fault Dani Rodrik's recent piece suggesting that democracy, globalization, and the nation-state do not play nicely together and that we have to pick two of the three at any given time. I had some reservations about the Rodrik post too, btw.
Hans Hoppe would be thrilled at all these democracy fears!
Note: that last line is a deliberate attempt to draw out Curt Doolittle, who recently admitted in the comment section that: "I found you via my daily search for the term "hans hoppe" because I prowl the web defending him from those who fail to understand him. You seem to understand him perfectly". I want to (1.) check out how thorough this guy is, and (2.) maybe even get some thoughts from him on Hoppe's views on democracy - which I do genuinely find problematic, but would freely admit I might not entirely understand. Curt suggested that I understand Hoppe's views on property rights - let's see how I do on democracy.
Demand, Supply, and Macroeconomic Models
3 hours ago