Thursday, June 4, 2009

Macroeconomists' dirty secret

The first six or seven paragraphs and the last 2 or 3 are pretty interesting. I don't think I buy the crap in the middle about racism and chauvinism holding together the era of shared prosperity. But, it is the cato institute, so what do you expect them to do? Blame Reago-Bush-onomics? 

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