Bits and Pieces - Republican National Convention Edition

The worst of Hayek and Rand:

The problem with this sort of economic determinism is that it is Marxism in reverse, with the problems of the original kind. Planning by finance capitalists replaces planning by the party elite. Marx’s old dream, the “withering away” of the state, is the centerpiece of the Ryan budget: cut taxes on the rich, claim that cutting government functions and the closing of unspecified loopholes will balance budgets, and thereby make the state shrink. Just like the Marxists of another era, the Republican ticket substitutes mythical thinking about the economy for loyalty to the nation.

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Today's blogospheric guessing game: Did David Brooks mean this as a takedown of Romney or is he just trying to pre-empt all these descriptions of Romney before others use them?

Romney was a precocious and gifted child. He uttered his first words (“I like to fire people”) at age 14 months, made his first gaffe at 15 months and purchased his first nursery school at 24 months. The school, highly leveraged, went under, but Romney made 24 million Jujubes on the deal.

 And more.