Unpopulist opinion: Why free market economists probably feel like grand failures right now
· livemint.com
The idea that risk-return trade-offs no longer apply is a seductive one, so it's no wonder the notion has gained popularity on both sides of the political divide in America. However, supporters of the free market have good reason to despair this.
Populism is also at odds with economic reasoning when it comes to taxes. A wealth tax on billionaires is popular among voters and has also garnered support from...