Keynes, like Freud and Marx, deserves to be read in the original, not through the glosses of his lesser disciples. - Robert Kuttner

The economic illusion is the belief that social justice is bad for economic growth.

Technological change is beneficial only when other jobs replace the ones lost.

We are already well down the road toward a managed-trade regime. It would be far better to acknowledge that reality, and seek a set of reasonable rules, than to pretend that Ricardian trade is the norm and allow mercantilist states to overwhelm U.S. industry and ratchet down wages, in the name of free trade.