Wednesday, February 27, 2013

Brad DeLong — American Conservatism’s Crisis of Ideas

The problem for American conservatives today is not their choice of candidates or the tone of their rhetoric. It is that their ideas are not politically sustainable.
Project Syndicate
American Conservatism’s Crisis of Ideas
J. Bradford DeLong | Professor of Economics at the University of California at Berkeley, a research associate at the National Bureau for Economic Research, and former Deputy Assistant US Treasury Secretary during the Clinton Administration

1 comment:

Bob Roddis said...

As I constantly repeat, this Keynesian/MMT thing is not a "monetary theory". It's just a narrative crafted to justify government theft. And you guys are right about one thing: Granting the government the unlimited power to purchase whatever it wants with funny money created specifically for each purchase is a "brave new world" unlike that which existed before.