Tweet Paul Krugman is a Nobel Prize winning economist. He’s also remarkably ignorant (or stupid or, maybe, both). Only someone lacking in brains and understanding would think that the U.S. could get out of its debt problem, not by printing paper money, but by minting a platinum coin and then denominating it a “$1 trillion [...]
Tag Archive 'Wealth'
Tweet The New York Times has a long article about Edward Conard, a former Bains partner, who makes the case — a compelling one, I believe — that in America, the wealthy aren’t parasites, they’re economically useful. In a stagnant, agrarian class society, the wealthy simply live at the top, feeding off the poor. In [...]
Tweet The way this attack ad against rising star Doug Hoffman (in NY’s 23rd district) is framed, it’s clear that Hoffman’s sin is being wealthy: I think that’s a marvelous standard by which to disqualify people from political office, at least this year. (And we know from what happens in Massachusetts that you can change [...]