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The Second-Most Salient Fact

The last hurrah of the baby boom; a Clark Medal in economics

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Posted in 2016 elections, 2020 elections, Contemporary economics Tagged with: , ,

Journalist Andrew Sullivan speculated in New York magazine earlier this month that US democracy is ripe for a tyrant, and that the candidacy of Donald Trump is potentially “an extinction-level event.”  Jacob Weisberg, editor-in-chief of the Slate Group, who seems to me (and to the Financial Times) the shrewdest of the current crop of US political commentators, thinks Sullivan’s widely-read essay is “one of the most important things written about the phenomenon of Trump.” I think it is bunk. What about the Sanders phenomenon? The outcome of the long primary season is best understood as fatigue-turned- protest against the initial