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May 12, 2011

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Or maybe the economics profession is dominated by authoritarians. That would explain why so many people who lie a lot to support existing power structures are treated like they are trustworthy scientists.

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"[Markets] need central banks and fiscal institutions to avert financial panics and moderate business cycles"?? C'mon Mr. Rodrik, you can't say that with a straight face.

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Is anything really a true democracy?

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I am Jude from the job site, I think maybe for some reason like, having a democratic form of government, the people are sovereign — they are the highest form of political authority. People can speak and have the freedom of press that might affect the economy's situation.

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