Default Is Not In Our Stars, But

Our Popular Economics Writers, However, Are Not In The Business Of Giving Their Readers A Ringside Seat On The Research Action; With No Exception I Can Think Of, They Use Their Books To Do An End Run Around The Normal Structure Of Scholarship, To Preach Ideas That Few Serious Economists Share. Often, These Ideas Are Not Just At Odds With The Professional Consensus; They Are Demonstrably Wrong, And Sometimes Terminally Silly. But They Sound Good To The Unwary Reader.

As I've Often Said, You Can Shop Online And Find Whatever You're Looking For, But Bookstores Are Where You Find What You Weren't Looking For.

What Our Economy Needs Is Direct Job Creation By The Government And Mortgage-debt Relief For Stressed Consumers. What It Very Much Does Not Need Is A Transfer Of Billions Of Dollars To Corporations That Have No Intention Of Hiring Anyone Except More Lobbyists.

The Raw Fact Is That Every Successful Example Of Economic Development This Past Century – Every Case Of A Poor Nation That Worked Its Way Up To A More Or Less Decent, Or At Least Dramatically Better, Standard Of Living – Has Taken Place Via Globalization, That Is, By Producing For The World Market Rather Than Trying For Self-sufficiency.

Where's That Toxic Rhetoric Coming From? Let's Not Make A False Pretense Of Balance: It's Coming, Overwhelmingly, From The Right. It's Hard To Imagine A Democratic Member Of Congress Urging Constituents To Be "armed And Dangerous" Without Being Ostracized; But Representative Michele Bachmann, Who Did Just That, Is A Rising Star In The G.o.p.