Welcome to the party, pal. Representative Dean Phillips of Minnesota’s 3rd Congressional district and current Democrat candidate for president has had an epiphany: Democrats are nuts. Phillips has never been what you would style a progressive; he is a pretty standard liberal of the old school and came to Congress after defeating Representative Erik Paulsen, […]
Repeat after me, class: Growth does NOT cause inflation. Write it on the blackboard 100 times. For decades, the economics profession has been trying to tell us all just the opposite. They keep shoveling out the dumbest economic concept of all time: the Phillips Curve. This was the lame-brained “theory” by neo-Keynesian economists of the […]
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