The Habit Of Disguising Ideology As Expertise

The Growth Of The Internet Will Slow Drastically, As The Flaw In 'metcalfe's Law'–which States That The Number Of Potential Connections In A Network Is Proportional To The Square Of The Number Of Participants–becomes Apparent: Most People Have Nothing To Say To Each Other! By 2005 Or So, It Will Become Clear That The Internet's Impact On The Economy Has Been No Greater Than The Fax Machine's.

Our Popular Economics Writers, However, Are Not In The Business Of Giving Their Readers A Ringside Seat On The Research Action; With No Exception I Can Think Of, They Use Their Books To Do An End Run Around The Normal Structure Of Scholarship, To Preach Ideas That Few Serious Economists Share. Often, These Ideas Are Not Just At Odds With The Professional Consensus; They Are Demonstrably Wrong, And Sometimes Terminally Silly. But They Sound Good To The Unwary Reader.

The Habit Of Disguising Ideology As Expertise Has Created A Deficit Of Legitimacy.

Middle-class Societies Don't Emerge Automatically As An Economy Matures, They Have To Be Created Through Political Action.

I've Always Believed In Expansionary Monetary Policy And If Necessary Fiscal Policy When The Economy Is Depressed.