The Pirates of Penzylvania Avenue
By James A. Montanye
This article appeared in the Fall 1999 issue of The Independent Review


Gilbert and Sullivan, meet the Council of Economic Advisors: They formulate hypotheses behind a veil of ignorance and stand on moral principle when it makes economic sense. In matters Marxian and Keynesian and Socialist, they’re the very model of a market-free economist.

Other Independent Review articles by James A. Montanye
    Fall 2014   The Great Debate: Edmund Burke, Thomas Paine, and the Birth of Right and Left
    Fall 2014   Ambition: A History from Vice to Virtue
    Summer 2013   What Money Can’t Buy: The Moral Limits of Markets
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