The centenary of Reagan’s birth is providing an excuse for trotting out a lot of hoary old myths and selective history about the 40th president. We gave a bit of an antidote on the Real News Network.
As much as I thought this clip came out well, I have a minor quibble, and wished the folks at Real News Network had not invoked the expression “free market” in the headline on their site. It’s a dangerous bit of propaganda, a malleable, often slippery concept (per Lewis Carroll’s Humpty Dumpty “It means just what I choose it to mean—neither more nor less”) and is rife with internal contradictions (see our long form discussion in ECONNED for details). The equivalent expression in the 1960s was “free enterprise” and that conveyed far more accurately whose interests were really served by the sort of liberalization being sought.