Thursday, April 5, 2012

Demagoguery and democracy and economic policy

The lack of information about the specific consequences of individual
economic policies opens the door to widespread demagoguery on these
issues.

Economic policy debate in the United States
can be likened to a big snake oil yard sale,
where what are offered are half-truths,
myths,
and canards.

Garfinkle, Norton. American Dream vs. the Gospel of Wealth : The Fight
for a Productive Middle-Class Economy.

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