The goal in the end is not to win elections. The goal is to change society.

Wealthy individuals bought themselves a radical right party, believing - correctly - that it would cut their taxes and remove regulations, but failed to realize that eventually the craziness would take on a life of its own, and that the monster they created would turn on its creators as well as the little people.

Can we break the machine that is imposing right-wing radicalism on the United States? The scariest part is that the media is part of that machine.

America's political landscape is infested with many zombie ideas - beliefs about policy that have been repeatedly refuted with evidence and analysis but refuse to die. The most prominent zombie is the insistence that low taxes on rich people are the key to prosperity.

However, the fact that an economist offers a theoretical analysis does not and should not automatically command respect. What is needed is some assurance that the analysis is actually relevant.

If you're doing your job right, some substantial group of people [is] going to be mad at you.

When stock prices are rising, it's called ''momentum investing''; when they are falling, it's called ''panic.''