{"id":22,"date":"2004-10-29T09:58:35","date_gmt":"2004-10-29T17:58:35","guid":{"rendered":""},"modified":"2010-06-13T18:25:29","modified_gmt":"2010-06-14T02:25:29","slug":"badnarik_for_president","status":"publish","type":"post","link":"https:\/\/bayesianinvestor.com\/blog\/index.php\/2004\/10\/29\/badnarik_for_president\/","title":{"rendered":"Badnarik for President"},"content":{"rendered":"<p>\nWally Olson&#8217;s speeches in the Yale Political Union 30 years ago did more to make me comfortable with Libertarianism than any other single factor, so I&#8217;m disappointed to <a href=\"http:\/\/www.overlawyered.com\/archives\/001657.html\">see him describe<\/a> the Libertarian presidential candidate (Badnarik) as a &quot;barking moonbat&quot;. I&#8217;m not entirely clear what that phrase means, but it seems to imply that the Libertarian Party ought to be rebuked for selecting him.\n<\/p>\n<p>\nBadnarik does have some weird ideas and a general lack of brilliance that, in an ideal world, would mean that we should have expected better of the LP. But given the LP&#8217;s recent history, it deserves some modest rewards for selecting a candidate who does such basic things as buying advertising to spread Libertarian ideas. According to R.W. Bradford in Liberty Magazine (who may have been the first to publicize Badnarik&#8217;s strange ideas), Badnarik had spent 20 percent of the money he raised to buy ads as of mid-September. By comparison, Browne spent much less than 1 percent of his 1996 budget on buying ads. And as far as I can tell, Badnarik has enough sense to downplay his stranger ideas when campaigning.\n<\/p>\n<p>\nBadnarik may be goofy and mediocre, but we&#8217;re stuck in a situation where that looks clearly better than what we should expect if we reject him.\n<\/p>\n<p>\nI saw a great bumper sticker recently which (perhaps unintentionally) suggests the appropriate way to think about this election: <b>Frodo failed &#8211; Bush got the ring<\/b>. Tolkien wouldn&#8217;t want us to think that giving the ring to a Gollum or a Gandalf would be sufficient to solve the problem. Giving the ring to the least power-hungry person available is better than giving it to the smartest.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wally Olson&#8217;s speeches in the Yale Political Union 30 years ago did more to make me comfortable with Libertarianism than any other single factor, so I&#8217;m disappointed to see him describe the Libertarian presidential candidate (Badnarik) as a &quot;barking moonbat&quot;. I&#8217;m not entirely clear what that phrase means, but it seems to imply that the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[15],"tags":[],"class_list":["post-22","post","type-post","status-publish","format-standard","hentry","category-us"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p80O1l-m","_links":{"self":[{"href":"https:\/\/bayesianinvestor.com\/blog\/index.php\/wp-json\/wp\/v2\/posts\/22","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bayesianinvestor.com\/blog\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bayesianinvestor.com\/blog\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bayesianinvestor.com\/blog\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/bayesianinvestor.com\/blog\/index.php\/wp-json\/wp\/v2\/comments?post=22"}],"version-history":[{"count":1,"href":"https:\/\/bayesianinvestor.com\/blog\/index.php\/wp-json\/wp\/v2\/posts\/22\/revisions"}],"predecessor-version":[{"id":363,"href":"https:\/\/bayesianinvestor.com\/blog\/index.php\/wp-json\/wp\/v2\/posts\/22\/revisions\/363"}],"wp:attachment":[{"href":"https:\/\/bayesianinvestor.com\/blog\/index.php\/wp-json\/wp\/v2\/media?parent=22"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bayesianinvestor.com\/blog\/index.php\/wp-json\/wp\/v2\/categories?post=22"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bayesianinvestor.com\/blog\/index.php\/wp-json\/wp\/v2\/tags?post=22"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}