Can the “right person” take office and then “fix” our economic, social, and political problems? In a word, no. People have come to believe that all we need is a technocrat who has all the answers. The reality is that technocrats don’t know more than the rest of us.
No macroeconomics or monetary theory course is complete without introduction of the Equation of Exchange, or
Perhaps John Maynard Keynes' best con job was convincing people that a growing economy needs inflation,
