I can't even. I mean, @JohnStossel is basically arguing that the poor today should be happy because the poor 200 years ago were much worse off than they are now and that we should ignore the wealth gap because 200 years ago the rich couldn't get what the poor can now. 

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When there's no reason in reason. Also, curious as to how he explains all the castles and country estates in Europe, Newport's "summer" homes (mansions), the Crown jewels, etc, etc.
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Always assumed the name of that publication was meant ironically.
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I thout Stossel was dead, rhetoricaly at least.
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How as a principle libertarian, hence I guess an Austrian in political economy, can he make that kind of intertemporal utility comparaison ?
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Too charitable throwing around the word "principled" like that!
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An interesting book is "A Libertarian Walks Into A Bear". It's about a group of libertarians who take over a small town in New Hampshire and try to turn it into a libertarian paradise. It did not turn out well.
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