Vindictive billionaires

by Henry on May 26, 2016

There’s been a lot of reaction to the news that Peter Thiel secretly funded Hulk Hogan’s lawsuit (which has led to a $140 million award) against Gawker. Thiel is, of course, not only a Silicon Valley billionaire, but a man of strong, if idiosyncratic, libertarian views. Hence, it’s ironic that he illustrates some of the blind spots of libertarianism – in particular, the tendency of many libertarians to discount the problems of wealth inequality.

A few weeks ago, Tyler Cowen wrote this post on Trump: [click to continue…]