I Think Stockman Is An Interesting Sort

Economics Is Not A Morality Play.

When Depression Economics Prevails, The Usual Rules Of Economic Policy No Longer Apply: Virtue Becomes Vice, Caution Is Risky And Prudence Is Folly.

We Should Reject The Attempt To Divert The National Conversation Away From Soaring Inequality Toward The Alleged Moral Failings Of Those Americans Being Left Behind. Traditional Values Aren't As Crucial As Social Conservatives Would Have You Believe — And, In Any Case, The Social Changes Taking Place In America's Working Class Are Overwhelmingly The Consequence Of Sharply Rising Inequality, Not Its Cause.

I Think So Long As Fossil Fuels Are Cheap, People Will Use Them And It Will Postpone A Movement Towards New Technologies.

In Short, It's A Great Economy If You're A High-level Corporate Executive Or Someone Who Owns A Lot Of Stock. For Most Other Americans, Economic Growth Is A Spectator Sport.