December 20, 2013

RANDALL PARKER: Don’t Get Too Excited About The Prospect Of A Populist Rebellion. “Think you can benefit from a populist movement in America? I would not count on such a movement being either fair or rational. You might feel glee (or schaudenfreude if you put on airs) about populists battling billionaires. But regardless of which faction lands more blows America’s slow economic growth or economic contraction will continue for some time.”