Economics @ ITT

Our Most Widely Ignored Public Intellectuals


Why don’t those in power listen to economists Joseph Stiglitz and Paul Krugman?

More fundamental to their marginalization is the relative radicalism of what Krugman and Stiglitz are advocating in our conservative era, one in which even Democratic presidents have done little to reverse unconstrained finance, shrunken government, and deepening inequality. To embrace their wisdom would require something close to a political revolution. So two of our most lauded economists remain prophets with little power to change events. America would be a far healthier country if they broke through.

via Our Most Widely Ignored Public Intellectuals.

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