CrackpotEconomics as a Disguise for Class Warfare
Brad DeLong seems to be endorsing this book by posting an email:
It’s important to understand that the Republican Party is mostly an organized conspiracy to redistribute wealth upwards, that deceit is an essential element of their M.O., that the conservative movement is fundamentally radical and dangerous, that the national media have done an abysmal job of covering politics and policy, and that the Bush administration has overturned the basic norms of governance that have prevailed for decades
And the Amazon review states:
This book traces the roots of his dislike back 30 years, when supply-side economics took over the Republican Party and made cutting taxes the GOP answer to all political and economic questions. American politics has been hijacked by a tiny coterie of right-wing economic extremists, Chait declares, some of them ideological zealots, others merely greedy, a few of them possibly insane. To which he adds, the Republicans’ success at defeating the democratic process explains why it has been able to enact its agenda despite a lack of popular support. The rhetoric is inflammatory, but the case is laid out with clarity. Chait claims that traditional Republicans, religious people and social, fiscal and foreign policy conservatives have been cheated as much as liberals, and that unparalleled corruption and ruthless cynicism in Washington and the timidity of nonpartisan media allow the minority to rule. His analysis should appeal to anyone interested in politics, though many may find the style too irritating to endure.
After all the irritating and insufferable stupidity from the practitioners of CrackpotEconomics, I’m rushing out to buy my copy of Mr. Chait’s books. A big thank you to Brad for bringing this book to our attention.