by Bill Bonner
We’re still thinking about how so many smart people came to believe things that aren’t true.
Krugman, Stiglitz, Friedman, Summers, Bernanke, Yellen – all seem to have a simpleton’s view of how the world works.
They believe they can manipulate the future and make it better. Not just for themselves… but also for everyone else.
Where did such a silly idea come from?