Many people have sent us this article from the NYT, one that recounts how a small but exceedingly brave group of heterodox economists have dared question the free-market orthodoxy of the profession. It’s the same version of this article that appears every few years, and the story is as tedious as it is strangely false at its root: 1) there is no free-market orthodoxy in the profession apart from a few issues concerning trade and price controls, 2) it is not an example of heroic courage to dare to fall in love with the prospect of a state-managed economic order. Ho hum.
Oh how brave they are to love the state
