Friday, May 27, 2016

Many of America's Leading Economists Are Not Even Remotely Grappling With America's Systemic Problems

The ferocious reaction to my assessment that Senator Bernie Sanders’ economic and health care proposals could create long-term economic growth shows how mainstream economists who view themselves as politically liberal in America have abandoned progressive politics to embrace a political economy of despair. Rationalizing personal disappointment and embracing market-centric economic theories according to which government can do little more than fuss around the edges, their conclusions—and the political leadership that embraces them—have little to offer millions of angry ordinary people for whom the economy simply isn’t working....
http://www.alternet.org/election-2016/many-americas-leading-economists-are-not-even-remotely-grappling-americas-systemic


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