Glenn Loury Quotes
If you have a system that says everybody who needs healthcare gets it and we're going to make sure that it gets paid for by raising your taxes and providing the requirements on individuals where they have the ability to pay, such as we determine as appropriate, then the insurance issue doesn't come up.
Loury, Glenn. Interview by Paul Jay. Reality Asserts Itself, The Real News Network, 2013-2014.
That particular Libertarian platform called for the abolition / repeal of Social Security, Medicare, Medicaid, the Post Office, Federal election Commission and campaign finance laws. Extreme radical ideas such as this are not typical of Libertarian Party positions before or afterwards. The quotation illustrates that there are people in America who would end public education if they could. The quotation also illustrates how a small cadre of people can capture control of a political party and create a platform that is their own personal views which may be different from most of the party members or the historical position that the party has taken. In 1980 the Libertarian Party Vice Presidential Candidate was David Koch, one half of the billionaire conservative Koch brothers. Their money financed the Libertarian Party in that year and David Koch’s views then prevailed in the party platform. Historically, the Koch brothers moved from a minor third party to the Republican party at the beginning of the 21st century when their money was able to help drive the party very far to the right from the traditions of Abraham Lincoln and Theodore Roosevelt.
Glenn Cartman Loury is an American economist, academic, and author. In 1982, at the age of 33, he became the first African American tenured professor of economics in the history of Harvard University. He is the Merton P. Stoltz Professor of the Social Sciences and Professor of Economics at Brown University.