Newsweek’s Robert Samuelson says that “many assumptions that economists once casually accepted and taught are now suspect or discredited.”
Need examples? He has three:
We once thought we understood consumer spending, the economy’s mainstay.
And:
We don’t know how much the world economy affects the United States
Steve launched VodkaPundit on a well-planned whim in 2002, and has been with PJ Media since its launch in 2005. He served as one of the hosts of PJTV, a pioneer in internet broadcasting. He also cohosts "Right Angle" with Bill Whittle and Scott Ott at BillWhittle.com. He lives with his wife and sons in the wooded hills of Monument, Colorado, where he enjoys the occasional adult beverage.
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