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Speaking of American libertarianism as a Baby Boomer fad, I don't understand the late David Nolan's grievances against the American political order. He grew up comfortably middle class after the Second World War, went to an elite university (MIT) and graduated with a political science degree, which suggests a lack of economic pressure to become employable. He also overdosed on Robert Heinlein's novels growing up, a fairly common pathway for Baby Boomer libertarians, it seems. Yet he claims that Richard Nixon's imposition of wage and price controls radicalized him politically somehow, and led him to forming the Libertarian Party.
Uh, WTF? Hardly anyone remembers those wage and price controls now, and they certainly didn't cause an economic disaster that required forming a new political party. Franklin Roosevelt's presidency imposed far more strenuous controls on the American economy during the Second World War, and the country seems to have recovered well from them after the war ended without radicalizing people into libertarians.
It gives me the impression of that generation of American libertarians as somewhat spoiled guys who didn't appreciate how good they had it.
The issue isn't economic disaster but not acting according to certain ideals.
Roosevelt was a Democrat. Anybody who wanted less price controls then Roosevel... (read more)