January 5, 2010
The Economics of the Microsoft Case
January 5, 2010
The Economics of Illegal Drugs
January 5, 2010
Intellectuals and Society
January 5, 2010
Thinking Outside the House
January 5, 2010
FP2P Watch
January 5, 2010
The Books I Wish My Colleagues Would Write
January 4, 2010
Predictably Irrational or Predictably Rational?
January 4, 2010
My Sowell-mate on the Knowledge-Power Discrepancy
January 4, 2010
FP2P Watch


When water boils, you only see bubbles at the top. Believe me, the water is hot through and through. I make it a point to talk to people of all stripes and occupations when I get the chance. I haven't encountered a single person yet that doesn't have some "populist" anger.
With the current shape of things in both the economy and the "natural order" of things, it would be nearly impossible not to invoke some kind of "populist" anger. As for the idea behind the "confidence" game, I do believe that the government thrives off of such systems. Money these days is only what we make of it, we believe that every dollar shows us how much the government owes us. This in turn puts the government in a favorable position for they are the one's ultimately telling us how much they have to give in return. Isn't every decent economic concept based on some kind of confidence? Hell, even our stock market is based on consumer confidence.
Why do you use the term "populist" in view of its commonally accepted connotation?