I first heard David Henderson speak at Cato University in 2003 at the Rancho Bernardo Inn. What he said about capitalism being compassionate stuck with me. And it still does. Henderson put it so well, and I’ve periodically quoted him on it over the years.
Henderson understandably wasn’t pleased with my critique of his tribute to Robert Lucas, and he wrote as much. More than fair enough. If I could take back what I wrote, it’s safe to say the substance of what I wrote wouldn’t much change, but the tone would. Up front, I’d like to apologize to Henderson for how I approached his tribute to Lucas. The sarcasm was obnoxious. Thanks also go to Henderson for engaging me in a civil debate.
Read Full Article »