Eric Hobsbawm says a new paradigm needs to start by treating money as a means not an end..
Agreed on both that basic observation and the much larger ones, plus the related thoughts that traditional tools of all angles of 20th-century economics, such as Keynesian deficit spending, may just not work here in the 21st century.
So, in addition to not hiring G. Sachs alums, Obama is at fault for not hiring outside-the-box economists in general.
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