Boston Academy Economic Science Professors: Nosotros Are Really Proud Of Alexandria Ocasio-Cortez

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Title : Boston Academy Economic Science Professors: Nosotros Are Really Proud Of Alexandria Ocasio-Cortez
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Boston Academy Economic Science Professors: Nosotros Are Really Proud Of Alexandria Ocasio-Cortez

Alexandria Ocasio-Cortez
By Robert Wenzel

Although in that place are many questions virtually whether socialist congresswoman Alexandria Ocasio-Cortez understands basic economics, the economic science faculty at Boston University, where she graduated inwards 2011 cum laude from BU's  College of Arts together with Sciences with a bachelor's degree inwards international relations together with economics, seems to live inwards amount back upwardly of her.

Yesterday, I spoke over the telephone with a position out of BU faculty members inwards the economic science subdivision together with the consensus was that she was a real vivid pupil who has "very interesting ideas" together with that she volition accept an impact. They seemed to believe that she was getting advice from "top economists," perchance Thomas Piketty. Yes, this Thomas Piketty.

Even Prof. Laurence Kotlikoff, who would seem to accept the to the lowest degree inwards mutual with AOC from a policy perspective (He was on President Ronald Reagan's Council of Economic Advisers), told me that the Boston University economic science faculty was "very proud of her."

He emphasized that AOC was "impressive inwards many ways" together with that what she is advocating "in many ways is closer to where nosotros should live than where nosotros are now."

He said it was adept she was pushing the envelope together with that she is causing serious discussion. He especially likes that she is pushing for a "progressive fiscal system." He says nosotros directly accept a regressive financial system.

Kotlikoff, who didn't accept AOC inwards whatever of his classes, told me to grade his position out to her. He has a climate alter model he wants to speak to her about.

The views of the BU faculty are, of course, unlike from many economists exterior the school.

William L. Anderson has written:
[F]or all of the “grand vision” rhetoric that accompanies the rollout of the AOC plan, this is nix less than an endeavour to re-implement Mao’s Great Leap Forward, albeit with high-speed rails instead of backyard steel mills. One cannot overestimate the disaster that would follow if this were forced upon the American economy.
So-called political visionaries rarely are willing to live true virtually the devastation that follows their schemes. When Baby Boomers were inwards college a half-century ago, many saw Mao every bit their political hero, a human being with groovy vision who had the political volition to do what was necessary to advance the fortunes of his ain people. That he was a murderous tyrant who presided over volume boot the bucket that exceeded fifty-fifty the killings of World War II was irrelevant or fifty-fifty ignored. 
Today, nosotros are told past times her adoring press that Alexandria Occasio-Cortez is the New Visionary, a somebody who is far-seeing together with knows what nosotros accept to do inwards monastic tell to hold upwardly the coming consequences of climate change. That her grand vision is fiddling to a greater extent than than a mass-depopulation scheme is ignored, together with nosotros ignore it at our peril.
Robert Higgs has written that AOC should larn virtually the basic economical regulation of chance terms that without this agreement she is destined to "make a fool of herself every fourth dimension she talks virtually economical matters."

He suggested that she mightiness desire to sue for malpractice the people responsible at BU for awarding her a marker inwards economics.

But none of the BU faculty I talked to seemed concerned about the lack of basic economical agreement reflected inwards AOC's proposals.

It mightiness live thought that perchance in that place was precisely back upwardly past times the BU faculty for a pupil coming out of their university, but in that place appeared to live genuine enthusiasm for her radical proposals. At most, they precisely wanted to tweak her proposals. The basic thought that primal planning an economic scheme together with gild is a horrific thought precisely didn't seem to register with them.

Their pupil was gaining influence with central planning leadership together with that seemed to live what was of import to them.

Robert Wenzel is Editor & Publisher of
and Target Liberty. 

More virtually Wenzel here. 







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