NewburyportNews.com, Newburyport, MA

Opinion

March 29, 2014

Anderson: The doomed-economy weight-loss plan

Warning: I am in a very bad mood. I don’t know why, and it may not last until the end of this column. We’ll see.

This is the sequence of events. On the first day of spring, I felt I might be catching a cold, so I went shopping for cat food, ginger ale, chicken soup and orange juice, in case I didn’t feel like going out again — which I still don’t. Then, my computer got sick, too, something to do with the hard drive and things that happen despite all the virus blocks (here, computer, have some chicken soup). Off it went to the shop for five days.

So, instead of attending my first-ever Republican convention, as a guest of Karyn Polito, candidate for lieutenant governor, which I was going to tell you about this week, I spent Saturday in bed. Chip brought me apple juice and his extra laptop, but I had little interest in the latter, thought my forced hiatus from connectivity might be a good time to read a book a friend published online. Chip had downloaded it onto the Kindle he bought me despite my protestations, and I have to admit that while I will always prefer a real book in my hands, when you can’t buy something in a bookstore, the Kindle comes in handy.

So, I read “In Defiance of Reason: the Failure of Modern Economics and the Coming Dark Age” by Daniel Smith, which has everything we need to know about economics. I had to learn it the hard way, one rational perspective at a time over 50 years, from Thomas Aquinas in high school, to Ayn Rand, eventually to Rand Paul. I didn’t take econ during my brief college career, but I soon found the Aquinas legacy in the Austrian school of economics: Ludwig von Mises, Bastiat, Hazlitt, with personal tutelage from my favorite local Austrian-born economist, Heinz Muehlmann, who advised the Prop. 21/2 campaign.

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