Right now, 48.6 million Americans lack health insurance. The vast majority aren't freely choosing that insecurity. It's not that they don't want the peace-of-mind of insurance. It's that they can't afford it.
The economics profession has been injected with enormous sums of money -- in the form of chairs, endowments, think tanks, advisory roles, consulting gigs, and God knows what else -- to push it further to the right.
It appears that the national conversation may be about to pivot from an almost obsessive concentration on big government and expense reduction to a concern for the well-being of the individual citizen and revenue generation.
We define "Creation Nation" as a country in which the private and public sector collaborate to develop and commercialize innovative products and services that create businesses or business opportunities that grow the economy and generate good-paying, value-added jobs.
The stagnation thesis is interesting; at the very least it forces us to revisit and question how we attempt to further exploit nature and how this process, innovation, really occurs. But to base it all on a feeling of disappointment, based on childhood fantasies, is a bit rich.
When push came to shove in late 2008, the banks' ultimate power was not that they were secretly controlling the levers of power, but that their place at the center of the financial system enabled them to hold the real economy hostage.