PODCAST: "Hexapodia" Is þe Key Insight XXI: Last Exit Off þe Highway to Serfdom‪?‬ "Hexapodia" Is the Key Insight: by Noah Smith & Brad DeLong

Key Insights:
* “This time, for sure!…” Are the Democrats Bullwinkle Moose or Rocket J. Squirrel “that trick never works!” in hoping that they can get a high-investment high-productivity growth full-employment high-wage growth economy, and then the political life for true equality of opportunity will be doable?…
* Milton Friedman is of powerful historical importance as one of the principal creators of our still-neoliberal world, but his ideas now—whether monetarism, or his assumption that all political organizations and policies everywhere and always are inescably rent-seeking grifters—are now of historical interests only…
* There will be many future missteps in our search for the road to utopia…
* The old world is dying, and the new world struggles to be born, so now is a time of monsters…
* Noah should really listen to and read Jeet Heer…
* It would be silly not to recognize the political peril of this moment, but also not to recognize its democratic potential: pessimism of the intellect, yes; but also optimism with the internet…
* We are coquetting with the modes of expression of Antonio Gramsci today, aren’t we?
* Hexapodia!
References
* David Beckworth (2010): Case Closed: Milton Friedman Would Have Supported QE2 https://macromarketmusings.blogspot.com/2010/11/case-closed-milton-friedman-would-have.html>
* Zach Carter:The Price of Peace: Money, Democracy, & the Life of John Maynard Keynes https://www.zacharydcarter.com>
* Zach Carter:The End of Friedmanomics https://newrepublic.com/article/162623/milton-friedman-legacy-biden-government-spending>
* Brad DeLong (1999): The Triumph? of Monetarism https://delong.typepad.com/delong_long_form/1999/10/j-bradford-delong-the-triumph-of-monetarism.html>
* Brad DeLong (2001): The Monetarist Counterrevolution https://web.archive.org/web/20010517134105/http://www.j-bradford-delong.net/TotW/counterrev.html>
* Brad DeLong (2015): The Monetarist Mistake https://www.project-syndicate.org/commentary/friedman-ideas-great-recession-by-j--bradford-delong-2015-03>
* Brad DeLong (2019): “Passing the Baton”: The Twitter Rant https://twitter.com/delong/status/1100166150845939712>
* Brad DeLong & Zack Beauchamp (2019): “Passing the Baton”: The Interview https://www.vox.com/policy-and-politics/2019/3/4/18246381/democrats-clinton-sanders-left-brad-delong>
* Brad DeLong (2019): “Passing the Baton”: The Interview: Commenthttps://www.bradford-delong.com/2019/03/passing-the-baton-the-interview.html>
* Brad DeLong (2007): Right from the Start?: What Milton Friedman Can Teach Progressives https://web.archive.org/web/20070513134239/http://democracyjournal.org/article.php?ID=6514>
* Brad DeLong (2017): Helicopter Money: When Zero Just Isn’t Low Enough https://www.milkenreview.org/articles/helicopter-money-when-zero-just-isnt-low-enough>
* Milton Friedman (2000): Canada & Flexible Exchange Rates https://www.bankofcanada.ca/wp-content/uploads/2010/08/keynote.pdf>
* Milton Friedman & Rose Director Friedman: Free to Choose: A Personal Statement
* John Maynard Keynes (1919): The Economic Consequences of the Peace
* John Maynard Keynes (1926): The End of Laissez-Faire
* John Maynard Keynes (1926): A Short View of Russia
* John Maynard Keynes (1936): The General Theory of Employment, Interest & Money
* John Maynard Keynes (1931): An Economic Analysis of Unemployment https://www.bradford-delong.com/2004/07/the-mammon-of-unrighteousness.html>
* Jay Ward & co.: The Rocky & Bullwinkle Show https://www.youtube.com/results?search_query=rocky+and+bullwinkle+show>

&, of course:
* Vernor Vinge: A Fire Upon the Deep https://books.google.com/books?id=fCCWWgZ7d6UC>
Zach Carter:The End of Friedmanomics https://newrepublic.com/article/162623/milton-friedman-legacy-biden-government-spending>:
When he arrived in South Africa on March 20, 1976, Milton Friedman was a bona fide celebrity…. Friedman was a bestselling author and no stranger to fine living. But he was astonished by bot