Jeremy Grantham Is Brilliant: That's What Is So Disappointing

Though I’m in no position to decide who qualifies to be labeled “genius,” if I had to guess, I’d say that Jeremy Grantham is beyond brilliant.  The way he speaks is so deliberate that not a single syllable seems to have left his mouth without hours of consideration before it, which is why I’m baffled, not by the insights Grantham shared on The Great Simplification podcast, but by a small but glaring component of his remarks.  How is it possible that an 85-year-old who seems sharper than those half his age could say what I deem devoid of economic reasoning?  I am truly at a loss for words (kidding; I’m writing this article).  I’m so bewildered that instead of firing off a lonely social-media post, I thought it best to write about this, so please read on.