Academic Marxists were never going to be convinced that anything that happened in the real world could invalidate their belief system. Utopians of the Right, libertarians are just as convinced that their ideas have yet to be tried and that they would work beautifully if we could only just have a do-over of human history.

The best thing you can say about libertarians is that because their views derive from abstract theory, they tend to be highly principled and rigorous in their logic.

As with the government failures that made 9/11 possible, neglecting to prevent the crash of '08 was a sin of omission - less the result of deregulation per se than of disbelief in financial regulation as a legitimate mechanism.

Jacob Weisberg Quotes