If You Want To Understand Opposition To

Anyone Who Thinks That The Last 80 Years, Ever Since Fdr Took Us Off Gold, Have Been A Doomed Venture, That Strikes Me As Kind Of Cranky.

Middle-class Societies Don't Emerge Automatically As An Economy Matures, They Have To Be Created Through Political Action.

The Fact Is That The Two Years Or So After 9/11 Were A Terrible Time In America – A Time Of Political Exploitation And Intimidation, Culminating In The Deliberate Misleading Of The Nation Into The Invasion Of Iraq. It’s Probably Worth Pointing Out That I’m Not Saying Anything Now That I Wasn’t Saying In Real Time Back Then, When Bush Had A Sky-high Approval Rating And Any Criticism Was Denounced As Treason. And There’s Nothing I’ve Done In My Life Of Which I’m More Proud.

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.

You Really Have To Go Searching Desperately To Find Any Contemporary Examples Of Good, Old-fashioned Runaway Inflation.