The author consistently accuses libertarians of relying on "abstract theory," yet this article itself is a rather abstract attempt to debunk libertarianism. To even contend that libertarian economic principles have been applied prominently in the US or global economy is ridiculous, to further claim that these libertarian principles have caused the current circumstances is beyond ridiculous. The entire line of argument in this article is off base; the same line could be used to blame Hitler's atrocities on democracy or the Roman army's defeat at the Battle of the Allia on their use of the phalanx.