Fooled by What We Measure, Enlightened by What We Don't Measure

Economists and pundits steer well clear of the eventual social and political consequences of America's entrenched neofeudal wealth-income inequality.

Economists and pundits are falling all over themselves to declare the US is chugging along splendidly, and to express their frustration with the public for their curmudgeonly lack of enthusiasm. For example: If this is a bad economy, please tell me what a good economy would look like We should acknowledge that things are going well, even as we continue …