Monday, August 24, 2009

Speaking of zombies

Another zombie idea that needs to be decapitated posthaste - neoliberalism (or what Krugman refers to as Reaganomics). Why won't it die? Partially money - those motivated to keep the zombies alive have a ton of money with which to entice policy makers. Partially ideological blinders - the current cohort of policy makers are true believers (Obama's praise of Reaganomics last year was quite telling).

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