Noah Smith on the Future of the Chinese Economy and the Climate of Social Change in the US
Macro Musings with David Beckworth
Is There a Trend for Liberalism?
Haudrick Prescott: I think communism will be back. It's just a little too soon after the Cold War, but I think that we're gonna see class resentments are real. People get upset over inequality not just because of material inequality, but because of inequality of status. He says people who would mentally prepare themselves to be part of the elite suddenly get really mad because they can't and so they start turning their intelligence and energy or anger toward disruption of existing society.
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