Kling: I favor limited government.UPDATE: Steve Conover stumps for Robert Reich. Definitely smelling the leptokurtosis--I never knew I shared so much with our former Labor Sec'y:
Rodrik: I favor right-sized, adaptive government. Government must select policies and regulations that take into account local history and conditions. Government must experiment and correct its own mistakes.
Kling: Adaptive government is an oxymoron. In reality, you never observe adaptive government.
Rodrik: The same could be said of limited government.Kling: [burble]
Read the following sample of ideas excerpted from his lecture and his book—then guess whether he has been pigeonholed as a "conservative" or a "liberal" by the media.
• The corporate income tax should be eliminated.
• The biggest step toward solving the illegal immigration problem would be to eliminate all agriculture subsidies.
• Corporations are not evil—and that includes Wal-Mart.
• Our energy future will require "going nuclear" in a big way.
• We should be skeptical of any politician who blames a corporation for doing something that isn't illegal.
• Punitive fines that would cripple or destroy a company should not be allowed.
Solow reference to Schumpeter is here.