But I’m not so quick to take a “free market knows best” approach when it comes to govt. regulation, and as an IT person I see a lot of potential for the govt. at the local, state, and federal levels to improve its operational efficiency while cutting operating costs through the adoption of open source and consumer-type tools (like Google’s suite of enterprise apps and crowd sourced business intel tools). I’m familiar with folks like Hayek and Friedman – but I think their ideas were shortchanged by the fact that they didn’t come of age in an era where everything is hyperconnected via tech and international financial markets. Greece affects our 401K’s, the CDS meltdown took down our entire economy, etc. The market needs to be managed. Big, complex, dynamic problems require communitarian solutions. Schumpeter was right – the govt. and private sector or going to merge more and more as the world becomes more hyperconnected. Old people don’t understand this as much because they weren’t raised with the internet, web 2.0, etc. They don’t have the benefit of being digital natives.

I’m hopefully optimistic because I look at demographics, and polls like this, and I realize that most of today’s “libertarians” (old farts who are just GOP die hards embarrassed by Bush – who eschew the social liberty planks of libertarianism while emphasizing the anti-govt. parts) are going to start dropping like flies, and soon we’ll be free of them. We’ll probably have some hiccups along the way and some reversals, but on the whole we’re looking good! I chalk most of the boomers’ and tea partiers’ anger up to confusion. The world and job market have changed, and the pace of change is only going to increase. This puts people who can’t deal with ambiguity and nuance well at a disadvantage. Many of them are hurting – I know quite a few 50+ year olds and people in their 40′s who are out of work. Many of them have old school skill sets, and adapting to change doesn’t come very easily with this group. If you look at unemployment numbers for the college educated, youngish folks are doing much better than the 50+ set. They’re pissed, and so they reaching into their grab bag of experience and running the same old play – today’s anti-govt. talk is just a retread of Reagan era, and then Gingrich era anti-govt talk. Just resentment – buch the group gets smaller every cycle!