Wednesday, May 29, 2019

Is There an Up and Coming Austrian School Economist Sharp Enough With...

...the balls, toughness and patience to pull this off for the Austrians?

 Dylan Matthews writes:
From 2003 to 2010, Stephen Marglin taught an alternative, heterodox, lefty introduction to economics at Harvard. Marglin had once been a solidly mainstream economic theorist, and a bit of a prodigy. But shortly after getting tenure, in one of the truly great pranks in the history of academia, he came out as a radical supporting the abolition of capitalism. In an influential couple of papers shortly thereafter titled “What Do Bosses Do?” his answer was, basically, “steal from workers.”

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