Virtual Bourgeois

Just An Analog Guy Trying to Upgrade For a Digital World

Obama and the Chicago School

Posted by Gerald on September 5, 2008

My good friend Steve showed me this article from the NY Times.

This is an insightful look at Obama’s economic policies and at the ideas behind them.  It certainly refutes the simplistic “attack” (if it is such a thing) that the Fred Thompsons of the nation make about Obama being an old-style big government liberal.  It also shows the, perhaps surprising to many, connections between Obama’s ideas and those of the “Chicago School” of economics, whose insights were turned into cartoonish nightmares of policy by Conservative politicians who didn’t fully understand them.

This article also shows Obama as a man who thinks deeply, takes advice from experts, and believes in empirical research over dogma.  He seems to be a man with a widely nuanced view of most subjects and the antithesis of the from-the-gut “common sense” that has brought us to the credit crisis and the war in Iraq and which has made of us the intellectual laughing-stock of the world.

I fear he doesn’t have a prayer of getting elected in this country.

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2 Responses to “Obama and the Chicago School”

  1. bridgett said

    I don’t know about that. For whatever it’s worth, the data coming out of North Carolina is a lot more undecided now than it was even three weeks ago. It’s like reading chicken guts and maybe I’m seeing what I want to see, but I am cautiously (very cautiously) optimistic that a combo of new voter registrations (who, of course, don’t get phone polled because they haven’t voted in a prior election) and those 129,000 or so people who used to be Republicans who are now registered as Independents mean something unusual for your state, where the Republicans aren’t thrilled with McCain and the Democrats are unusually excited about Obama. Does your campus do a registration drive? That might be a good thing for the History Club to take on, do some non-partisan tabling in front of the campus cafeteria.

  2. bridgett said

    Bloody hell! I just looked at today’s data out of North Dakota (which has gone R in the last four Presidential elections) and Obama is up five points on McCain. Stop me before I analyze again.

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