Anyone Who Thinks That The

The Party Of Ideas Has Become The Party Of Beavis And Butthead.

Wealthy Individuals Bought Themselves A Radical Right Party, Believing - Correctly - That It Would Cut Their Taxes And Remove Regulations, But Failed To Realize That Eventually The Craziness Would Take On A Life Of Its Own, And That The Monster They Created Would Turn On Its Creators As Well As The Little People.

What Our Economy Needs Is Direct Job Creation By The Government And Mortgage-debt Relief For Stressed Consumers. What It Very Much Does Not Need Is A Transfer Of Billions Of Dollars To Corporations That Have No Intention Of Hiring Anyone Except More Lobbyists.

As An Economics Professor I Am By Nature Inclined To The View That The Truth Isn't Out There, It's In Here - That Usually You Learn A Lot More By Thinking Really Hard About The Data Than You Do By Sniffing Around For Supposedly Inside Information.

The Key Reason Executives Are Paid So Much Now Is That They Appoint The Members Of The Corporate Board That Determines Their Compensation And Control Many Of The Perks That Board Members Count On. So It's Not The Invisible Hand Of The Market That Leads To Those Monumental Executive Incomes; It's The Invisible Handshake In The Boardroom.