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Steve Bannon versus Austrian Economics

Summary:
In the midst of a story about the recent failure of Ryancare, there is a gem of an anecdote about Steve Bannon:Robert Draper, “Trump vs. Congress: Now What?,” The New York Times Magazine, 26 March, 2017.In a conversation with Robert Draper, Bannon mused:“I think the Democrats are fundamentally afflicted with the inability to discuss and have an adult conversation about economics and jobs, because they’re too consumed by identity politics. And then the Republicans, it’s all this theoretical Cato Institute, Austrian economics, limited government — which just doesn’t have any depth to it. They’re not living in the real world.” Robert Draper, “Trump vs. Congress: Now What?,” The New York Times Magazine, 26 March, 2017.Steve Bannon ain’t so bad in my book!And Bannon’s economic nationalism is on the right side of history.Realist LeftRealist Left on FacebookRealist Left on Twitter @realistleftRealist Left on RedditRealist Left BlogRealist Left on YouTubeLord Keynes on FacebookSocial Democracy for the 21st Century: A Realist Alternative to the Modern LeftAlt Left on the Internet:Alternative Left on FacebookAlt-Left on Google+Alt-Left Closed Facebook GroupPrince of Queens YouTube Channel Prince of Queens on TwitterSamizdat: For the Freedom Loving LeftistSamizdat Broadcasts YouTube ChannelI’m on Twitter: Lord Keynes @Lord_Keynes2https://twitter.

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In the midst of a story about the recent failure of Ryancare, there is a gem of an anecdote about Steve Bannon:
Robert Draper, “Trump vs. Congress: Now What?,” The New York Times Magazine, 26 March, 2017.
In a conversation with Robert Draper, Bannon mused:
“I think the Democrats are fundamentally afflicted with the inability to discuss and have an adult conversation about economics and jobs, because they’re too consumed by identity politics. And then the Republicans, it’s all this theoretical Cato Institute, Austrian economics, limited government — which just doesn’t have any depth to it. They’re not living in the real world.”
Robert Draper, “Trump vs. Congress: Now What?,” The New York Times Magazine, 26 March, 2017.
Steve Bannon ain’t so bad in my book!

And Bannon’s economic nationalism is on the right side of history.





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Lord Keynes
Realist Left social democrat, left wing, blogger, Post Keynesian in economics, but against the regressive left, against Postmodernism, against Marxism

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