As this Economist debate demonstrates, the people in charge are stupid, complacent, wasteful, smug, mendacious and incompetent. Not that uncommon, alas.
Refs
More like this
The Economist responds to economist Eugene Fama, who said:
An article in the October 2nd Economist asks professoinal economists what they think about McCain vs. Obama.
If you thought I could be critical about economics, Peter Radford, at Real World Economics, is vicious in answering the question "
As I was driving home from work today, I was listening to Marketplace on public radio.