Quotation

Economism

Bad Economics and the Rise of Inequality
Ideas matter. . . . Ideas gain power precisely when they become useful to an important segment of society - when they support the interests of that group. . . .They must be refined into easily understood form, applied to the issues that people care about. . . .That. . . requires money and manpower, which will rarely be expended without the expectation of some return. Economism matters today. . .because it is one important vehicle that interest groups have used to pursue their objectives during the past half-century.