Look up “Post-libertarian” in the dictionary

…and this is what you see: the Adam Smith Institute, the very think tank that invented Thatcherism, supporting a policy of a Greek party named SYRIZA – the name being an acronym for “Coalition of the Radical Left” – to link Greek debt obligations to nominal GDP growth.

Bravo to my colleagues at the ASI. I agree wholeheartedly with this policy recommendation, for reasons the Institute first articulated in 2011 during the height of the global financial crisis.

(Postscript: for a definition of post-libertarian, head here.)

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