Bernie Sanders Is Right: Markets Are Dumb

One of the more striking aspects of free market ideology in American politics is how cornucopian magical thinking has become not just acceptable, but ubiquitous and nearly unquestioned. Consider the reaction to a seemingly commonsensical observation that presidential contender Bernie Sanders made on Tuesday. "The whole size of the economy and the GDP doesn't matter if people continue to work longer hours for low wages and you have 45 million people living in poverty," Sanders told CNBC.

Topics:  american   cnbc   washington post   reason   the week   jim pethokoukis   michael brendan dougherty   national review's kevin williamson   free   national review   simply   prices   the fly   jeff goldblum s   markets   kevin williamson   bernie   sanders   as   the    we   williamson   dumb   worker   people   employer   economy   brands   power   deodorant   spray   work   set   shape   social   starving   trade   pie   size   policy   inputs   law   kids   money   wealth   correctly   computers   time   balances   unemployment   real   children   slice   hours   told   deodorants   choice   matter   subjective   underarm   economic   outcomes   final   purpose   resources   ubiquitous   reaction   occur   calculate   preference   point   deal   worth   cut   international   violence   resource   arbitrary   policies   paid   job   means   dynamics   pay   step   scenarios   monetary   situation   labor   
BING NEWS:
  • How Bernie Sanders went from a small-city mayor to a progressive hero
    The two-time presidential candidate and progressive icon has become a key institutional player in the US Senate. It wasn't always that way.
    04/29/2024 - 4:24 am | View Link
  • Bernie Sanders slams pharma giant for ‘outrageously high prices’ of Ozempic and Wegovy — says it could ‘bankrupt … our entire health care system’
    Bernie Sanders has launched a probe into the “outrageously high prices” that drug giant Novo Nordisk charges for Ozempic and Wegovy in the U.S. The revolutionary drugs, which are used to treat ...
    04/27/2024 - 12:49 am | View Link
  • Sanders launches investigation into ‘unacceptable’ diabetes, weight loss drug prices
    Sen. Bernie Sanders (I-Vt.), chair of the Senate Health, Education, Labor, and Pensions (HELP) Committee, launched an investigation Wednesday into the “outrageously high prices” of Novo Nordisk’s ...
    04/24/2024 - 2:07 pm | View Link
  • Senate Committee Investigates Ozempic and Wegovy Costs
    Senator Bernie Sanders is pressing the drugmaker Novo Nordisk for details on its pricing of the popular diabetes and weight loss medications.
    04/24/2024 - 5:01 am | View Link
  • Suspect charged in alleged arson at Bernie Sanders’ Vermont office pleads not guilty
    The man charged in connection with an alleged arson at Sen. Bernie Sanders’ office in Vermont pleaded not guilty on Tuesday, court records show. Shant Soghomonian, 35, was charged earlier this ...
    04/24/2024 - 3:03 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News