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We Assign a Failing Grade to Econonics Nobel Laureates
What these Nobel laureates carelessly overlook is the harm caused by Harris’ economic plans.
Last week, twenty-three Nobel prize-winning economists released a letter supporting Kamala Harris’ economic vision as being “vastly superior to the counterproductive economic agenda of Donald Trump.” While admitting that Harris’s “details of the presidential candidates’ economic programs are not fully laid out yet,” the authors imply that Vice President Harris holds the key to an economic wonderland where incomes rise for the poor and middle class, housing prices magically decline, and economic inequality shrinks to nothing. In addition, the letter suggests that, if left to his villainous devices, Mr. Trump would gleefully rule over an economy that engorges fat cats while resigning the rest of America to scraps.
Sadly, instead of writing a letter that illuminates what Nobel prize-winning economists can teach us, the authors of the letter fail to improve our understanding of economic policy. Despite their impressive credentials, their explanation of why Harris’ economic plan for the nation will trump Trump’s proposals is non-existent. The authors simply say “We’re really smart. Trust us.”
Politics
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Is American Nationalism Still Creed-able?
We are not there now, but there is reason to worry that the United States is in danger, if we are not careful, of ceasing to be a nation with the principles of 1776 at its core.
National Civitas Institute Poll: Americans are Anxious and Frustrated, Creating a Challenging Environment for Leaders
The poll reveals a deeply pessimistic American electorate, with a majority convinced the nation is on the wrong track.
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The Future of ESG and DEI
Though things will likely not become as radical as the Covid hysteria of 2020 and 2021, there is still plenty of institutional “muscle memory” for ESG that will make its re-emergence all too easy.
