The Cult Of The Boss
November, 2011
WHAT IS THERE TO ADMIRE ABOUT BUSINESSMEN?Conservatives invoke Adam Smith and Friedrich von Hayek in their defense of the free market. Liberals invoke John Maynard Keynes for his defense of government intervention. Only in Thorstein Veblen, however, may a sane person hope to understand the carnival of mendacity that has sent America spiraling into the abyss.Veblen, nearly forgotten today, grew up in a gilded age disfigured, like our own, by robber barons, predatory monopolies, financial panic...
