- “Mr Right” talks to the Herald’s Karyn Scherer.
Contrary to some reports, capitalism and free markets aren't dead, says P.J. O'Rourke. “It's like damning the air to say that capitalism has finished.”
- David Cohen catches up with PJ in the National Business Review.
In terms of his own social commentary, O’Rourke said the economic crisis was proving to be a fabulous time. . . “when it comes to human folly it’s a target-rich environment right now for sure.” [Hat tip Roar Prawn]
- Watch PJ O'Rourke being interviewed on Australia’s ABC News Breakfast
- And interviewed in The Australian, with a journalist not apparently a fan of free markets.
Adam Smith, though, remains as relevant as ever, says O’Rourke. The market is now doing its job, despite the best efforts of government to stop it. In O'Rourke's view, channelling Smith, throwing trillions in taxpayers' money at the problem is folly.
"How, then, would Adam Smith fix the present mess?" O'Rourke wrote in the Financial Times recently. "Sorry, but it is fixed already. The answer to a decline in the value of speculative assets is to pay less for them. Job done."
Can’t wait. Here’s just some of what PJ had to say in Sydney last week:
America has wound up with a charming leftist as a president. And this scares me. This scares me not because I hate leftists. I don’t. I have many charming leftist friends. They’re lovely people - as long as they keep their nose out of things they don’t understand. Such as making a living.
Don’t miss out. Talk to the Center for Independent Studies about remaining tickets for Auckland and/or Perth.