Description
Historical precedent, statistics, and current events overwhelmingly favor traditional liberal economic policies. Why, then, are liberals having so much trouble getting their message across? It's all in how they are framing their arguments, and in their reluctance to confront, head-on, significant public biases and misconceptions.The illustrated Farewell Fantasyland addresses these problems by taking the reader step-by-step through a series of basic realities, from "wealth consists of products and services," to "globalization is our nation's disaster." Among other realities explained: government made our economy the greatest in the world; wealth is a zero-sum game; conservatives sold us trade based on sound economic principles, but gave us trade based on destroying working-class wages; more education won't help workers as a class; liberal fiscal policies, not WWII, got us out of the Great Depression; estate taxes are not death taxes; all societies are always governed all the time; the world is not flat; economics is philosophy, not science; and much, much more.
Read More
Historical precedent, statistics, and current events overwhelmingly favor traditional liberal economic policies. Why, then, are liberals having so much trouble getting their message across? It's all in how they are framing their arguments, and in their reluctance to confront, head-on, significant public biases and misconceptions. The illustrated Farewell Fantasyland addresses these problems by taking the reader step-by-step through a series of basic realities, from "wealth consists of products and services," to "globalization is our nation's disaster." Among other realities explained: government made our economy the greatest in the world; wealth is a zero-sum game; conservatives sold us trade based on sound economic principles, but gave us trade based on destroying working-class wages; more education won't help workers as a class; liberal fiscal policies, not WWII, got us out of the Great Depression; estate taxes are not death taxes; all societies are always governed all the time; the world is not flat; economics is philosophy, not science; and much, much more.
Read Less