i think the economic consequences of the current time misunderstood, butad i think their people are too pessimistic about them and too pessimistic about inequality. Having said that, there are large groups of people who are not integrated well into the economy. And i don't, i'm, no, it's not obvious they're going to be well integrated into the economy in the coming decades. That's alarming on all kinds of mostly human, or mostly human reasons.
Political Scientist and author Patrick Deneen of the University of Notre Dame talks about his book Why Liberalism Failed with EconTalk host Russ Roberts. By liberalism, Deneen means the modern enterprise--the push for self-actualization free of the constraints of tradition, family, and religion that typifies modern culture. He argues that both the left and the right have empowered the state and reduced liberty. He argues for a smaller, more local, more artisanal economy and a return to the virtues of self-control and self-mastery.