NR Digital

Economics for Dummies

by James Lileks

Perfectly timed for the first week of legal pot sales in Colorado, Rolling Stone published a manifesto called “Five Economic Reforms Millennials Should Be Fighting For.” You could take it as a mordant satire on the cloud-cuckoo ideas of mushy campus Marxists, or a manifesto designed to get “Millennials” off the couch and into the streets. Either way, it’s fun. Let’s take a look.

“It’s a new year, but one thing hasn’t changed. The economy still blows.” Brave: A panel of leading economists had earlier concluded that the economy “sorta sucks,” but could lapse into “blowing” later this year. He says it already blows. Buy gold!