{"id":25117,"date":"2011-08-09T09:47:22","date_gmt":"2011-08-09T13:47:22","guid":{"rendered":"http:\/\/fryeblog.blog.lib.mcmaster.ca\/?p=25117"},"modified":"2011-08-09T09:47:22","modified_gmt":"2011-08-09T13:47:22","slug":"know-nothings","status":"publish","type":"post","link":"https:\/\/macblog.mcmaster.ca\/fryeblog\/2011\/08\/09\/know-nothings\/","title":{"rendered":"Know-Nothings"},"content":{"rendered":"<p><iframe loading=\"lazy\" title=\"Joseph Stiglitz: Smith&#039;s &quot;Invisible Hand&quot; a Myth?\" width=\"625\" height=\"352\" src=\"https:\/\/www.youtube.com\/embed\/9qjvwQrZmpk?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><em>Joseph Stiglitz explains how &#8220;conservative&#8221; policy has manacled &#8220;the invisible hand&#8221;<\/em><\/p>\n<p>Thanks in <a href=\"http:\/\/www.economist.com\/blogs\/freeexchange\/2011\/08\/sps-credit-rating-cut\" target=\"_blank\">large part<\/a> to the anarchists who call themselves the Republican party, the world is being <a href=\"http:\/\/www.nytimes.com\/2011\/08\/09\/business\/global\/daily-stock-market-activity.html?_r=1&amp;hp\" target=\"_blank\">plunged<\/a> into what seems destined to be a second and precipitously deep recessionary dip.<\/p>\n<p>While this is not exactly news, it is a fact worth recalling that these &#8220;free-market&#8221; &#8220;conservatives&#8221; know nothing about Adam Smith, the God of capitalism whose name they take in vain.<\/p>\n<p><em><a href=\"http:\/\/www.salon.com\/news\/us_economy\/index.html?story=\/politics\/war_room\/2011\/08\/08\/adam_smith_tea_party\" target=\"_blank\">Salon<\/a><\/em> has a look.<\/p>\n<p>Earlier posts on Adam Smith <a href=\"http:\/\/fryeblog.blog.lib.mcmaster.ca\/2011\/03\/23\/corporate-welfare\/\" target=\"_blank\">here<\/a> and <a href=\"http:\/\/fryeblog.blog.lib.mcmaster.ca\/2010\/07\/17\/adam-smith\/\" target=\"_blank\">here<\/a>.<\/p>\n<p>Meanwhile, the know-nothing parade continues to add more floats. Texas governor, Rick Perry, who can be reliably identified as<a href=\"http:\/\/www.huffingtonpost.com\/2011\/08\/05\/rick-perry-college-transcript_n_919357.html?ncid=edlinkusaolp00000003\" target=\"_blank\"> stupider than George Bush<\/a>, seems set to run for president.\u00a0The Republicans are incapable of putting together a full slate of candidates that doesn&#8217;t include an alarming number of cranks and nitwits. In fact, those quaint terms do not fully characterize the pathology represented here. The field now includes or has included or is expected to include the following: Donald Trump, Newt Gingrich, Herman Cain, Michelle Bachman,\u00a0Rick Santorum, and, of course, Teabagger-in-Chief Sarah Palin.<\/p>\n<p>These are the faces of the most dangerous political organization in the world. Behind the scenes, it is even <a href=\"http:\/\/www.alecexposed.org\/wiki\/ALEC_Exposed\" target=\"_blank\">scarier<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Joseph Stiglitz explains how &#8220;conservative&#8221; policy has manacled &#8220;the invisible hand&#8221; Thanks in large part to the anarchists who call themselves the Republican party, the world is being plunged into what seems destined to be a second and precipitously deep recessionary dip. While this is not exactly news, it is a fact worth recalling that [&hellip;]<\/p>\n","protected":false},"author":20,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[33],"tags":[],"class_list":["post-25117","post","type-post","status-publish","format-standard","hentry","category-current-events"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Know-Nothings - The Educated Imagination<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/macblog.mcmaster.ca\/fryeblog\/2011\/08\/09\/know-nothings\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Know-Nothings - The Educated Imagination\" \/>\n<meta property=\"og:description\" content=\"Joseph Stiglitz explains how &#8220;conservative&#8221; policy has manacled &#8220;the invisible hand&#8221; Thanks in large part to the anarchists who call themselves the Republican party, the world is being plunged into what seems destined to be a second and precipitously deep recessionary dip. 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