Monday 17 October 2022

Taleb: On Academic Libertarians

“I cannot for the life of me understand why today's libertarians do not go after tenured faculty (except perhaps because many libertarians are academics).” ~ Nassim Nicholas Taleb in his book The Black Swan: The Impact Of The Highly Improbable (page 183)

Taleb makes this point during his analysis of Hayek’s Academic Libertarianism. His point is pertinent. The libertarians claim that they stand for minimum government. Some extremist libertarians claim that they stand for stateless society (whatever that means). 

The truth is that libertarianism is an academic cult. Most libertarians are tenured professors; they are bureaucrats who draw their salary and pensions from the public.

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