Hello Robert Reich,
Your assessment of Paul Krugman is interesting. I also don’t see how he speaks much outside the crisscrossing of supplies and demands in computer modeled equilibrium.
On the other hand, as the Chancellor’s economist, you also have some explaining to do, now that you brought this topic of not getting it up for discussion.
Why has the University of California not yet completed an evolving dynamic economic accounting based on all costs? This should have been a completed public start-up decades ago. Why has Cal become a conservative bastion that paves paradise to put up a parking lot? Why is the University developing flat delta land facing sea level rise?
You have selected the best candidate as your preference. I appreciate you more for that. Even so. Don’t forget that economists like yourself preach the mantra of growth on a full planet. You job bait people when you know full well that if everyone on Earth had full-time jobs, we would be choking like they do in the great land of China.
Please let Senator Sanders discover real economics from real people. Distributed human intelligence can understand totally free health care and education are huge money makers for the nation.
Don’t be swayed, Bernie. Be patient. Soon most everyone will be voting. Voting is more than periodic political pomp. Focus distributed intelligence using democracy. Each brain has the memory power of the entire internet. Real democracy is a tool used by humanity to focus trillions of combinations to harvest distributed human intelligence in conversation with itself. You are being supported without billionaires. Academic economists from a university that is behaving strangely are dangerous to listen to. Ask economists how to prosper in slowly declining population and decreasing resource use per person.
Tell us how to prosper in a highly educated and numerically declining population that has been educated to minimize consumption to the best of one’s ability. That’s where we will find the cash to reach for the stars together. Pay as you go is far easier without austerity.