Weekend Reading: Richard Thaler: Behavioral Economics

An Appeal to the Republican-Supporting Plutocrats of America

Comment of the Day: JEC: An Appeal to the Republican-Supporting Plutocrats of America: "I've written more about this in my own space, but the short version is: 'Would somebody please remind the plutocrats that they are not the kleptocrats' natural allies; they are the kleptocrats' natural prey?'...

...Kleptocrats enrich themselves by expropriating plutocrats. Why folks like the Kochs and the Mercers imagine that a Putin-style strongman would permit them to keep their money continues to mystify me. But I suppose that Wilhelmine aristocrats imagined that Hitler would save them from the evils of Bolshevism, so perhaps illusory hope is what plutocracy is made of.

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