Donald Trump may get the nuclear suitcase, a cranky “park bench” socialist took Hillary Clinton to the wire, many countries are becoming less free, and the neo-Nazi party came very close to assuming power in Austria. I could list more such events.
Haven’t you, like I, wondered what is up? What the hell is going on?
I don’t know, but let me tell you my (highly uncertain) default hypothesis. I don’t see decisive evidence for it, but it is a kind of “first blast” attempt to fit the basic facts while remaining within the realm of reason.…Marginal Revolution
What the hell is going on?
Tyler Cowen | Holbert C. Harris Chair of Economics at George Mason University and serves as chairman and general director of the Mercatus Center