That agenda is being set. We have such a narrow debate in this country, if we want to change it, we cannot just look for the perfect candidate or the perfect party. We have to make Structural Reforms and get serious about it him and say we are going to shape a democracy where the vote matters more than a dollar. We will have debates on Social Security and medicare and medicaid cuts for ever, because they want that money. Structuralthough changes have to be brought about by elected officials that we sent to washington, and if you cannot get in the game you are right, we do sin good people to washington, but apparently not enough. Im with you on everything you are saying, im just trying to figure out how the everyday american exercises their agency to do anything about this, when everything is about money. We have been across the country talking about this, union halls, churches, universities, wealthy people, poor people. You never hear anybody who disagrees with the diagnosis and you ne
I had to discard the basic premise which all classical economists or those of us who were involved in that form of economics and computerbase models, and have to look at fundamental premise. And i basically assumed as we all did that not only, that fundamental premise is that human beings act in their own long term self interest most of the time. But the general belief of all economists who are forecasting, is while it is not only most of the time but when it isnt, its random. And you can disregard it because it cant be muddled. What shocked me is when i started to try to actually model it and i was getting extraordinarily, extraordinary results. Rose and what were they . Basically, that socalled animal spirits, which is a term rose talking about the john precisely. And they are deep seated aspects of human nature. Predictable ways. For example, you can measure fear. Everybody responds to fear when their values are say life and limb and net worth under stress. But how they react will b
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