What’s really going on here, as far as I can tell, is a modern version of the 18th century physiocratic notion that only agriculture is real, that everything else is fluff on top. And we really shouldn’t be seeing a rebirth of that sort of nonsense in the 21st century. If you believe that we should have fewer schoolteachers and firefighters — or that education should be privatized — make that case. Don’t try to hide your prejudices under a mystical doctrine in which important, productive jobs somehow don’t count if they come from a place with a .gov email address.The New York Times | The Conscience of a Liberal
The New Physiocrats
Paul Krugman | Professor of Economics, Princeton University
A deft thrust to the heart. While we may disagree with Professor Krugman over some aspects of monetary economics, he is a master of the take-down.