The categorical claim, made now by many alarmists, that “this time is different; jobs are gone forever” is no more plausible now than in the past.
Michael C. Munger
If creative destruction is as productive as proponents claim, economic “winners” should be able to compensate the “losers” and still come out ahead.
My suggestion was that “directional” libertarians and classical liberals ally rather than question one another’s authenticity.
Michael C. Munger is director of the Philosophy, Politics, and Economics Program at Duke University.