We Assign Failing Grade to Econ Nobel Laureates

Last week, twenty-three Nobel prize-winning economists released a letter supporting Kamala Harris’ economic vision as being “vastly superior to the counterproductive economic agenda of Donald Trump.” While admitting that Harris’s “details of the presidential candidates’ economic programs are not fully laid out yet,” the authors imply that Vice President Harris holds the key to an economic wonderland where incomes rise for the poor and middle class, housing prices magically decline, and economic inequality shrinks to nothing. In addition, the letter suggests that, if left to his villainous devices, Mr. Trump would gleefully rule over an economy that engorges fat cats while resigning the rest of America to scraps.