The Economists' Hour
by Binyamin Applebaum
How economists, considered mere numbers crunchers through the 1950’s, rose to prominence in the United States and then around the globe, reshaping the modern world with their free market theories which created consumerism at the cost of U.S. manufacturing, curbed government regulation and created bankers too big to jail, unleashed multinational corporations which deserted American communities, and prioritized globalization and co-dependence on Red China, all so we could have lower prices at Walmart.
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