The Public Has No Idea That The

Our Grandfathers Lived In A World Of Largely Self-sufficient, Inward-looking National Economies - But Our Great-great Grandfathers Lived, As We Do, In A World Of Large-scale International Trade And Investment, A World Destroyed By Nationalism.

There Are No Atheists In Foxholes And There Are No Libertarians In Financial Crises.

These Days, However, The Main Problem Comes From The Right - From Conservatives Who, Unlike Most Economists, Really Do Think That The Free Market Is Always Right - To Such An Extent That They Refuse To Believe Even The Most Overwhelming Scientific Evidence If It Seems To Suggest A Justification For Government Action.

People Respond To Incentives. If Unemployment Becomes More Attractive Because Of The Unemployment Benefit, Some Unemployed Workers May No Longer Try To Find A Job Or May Not Try To Find One As Quickly As They Would Without The Benefit.

I Don't Want A Job In The Administration; I Think I'm More Effective Carping From The Sidelines.