Republican candidates had to appeal to their base, which is by and large elderly white people arguing with empty chairs.

Republican candidates had to appeal to their base, which is by and large elderly white people arguing with empty chairs.

Evidence and expertise have a well-known liberal bias.

I'm not sure that the current value of the NASDAQ is justified, but I'm not sure that it isn't.

People who are complaining about the Fed are people who've been predicting runaway inflation for five and six years, and it hasn't happened.

But Wall Street people are in fact very smart; they're funny, they're not company men who work their way up the chain.

...academic credentials are neither a necessary nor a sufficient condition for having your ideas taken seriously. If a famous professor repeatedly says stupid things, then tries to claim he never said them, there's no rule against calling him a mendacious idiot - and no special qualifications required to make that pronouncement other than doing your own homework.Conversely, if someone without formal credentials consistently makes trenchant, insightful observations, he or she has earned the right to be taken seriously, regardless of background.