BLINDNESS OF MACRO ECONOMISTS I try to convince macro people all the time: polit

http://www.economicshelp.org/wp-comments-post.phpMORAL BLINDNESS OF MACRO ECONOMISTS

I try to convince macro people all the time: politics is a moral enterprise. If people want to punish immorality they will proudly suffer to do so. And americans feel in a punishing mood.

Your argument presupposes the absence of moral frustration in the populace. But every single measure that we have tells us that people see our elected officisls outside the local level as immoral. And the entire edifice corrupt.

If the choice is conquest of ones way of life, or ruin, plenty of people will choose ruin.

That is what is going on.

Do not mistake electoral minority numbers as insufficient. A desperate minority of five percent can quite easily bring a government to its knees.

Cheers