Jesse's Café Américain: The US Intelligentsia and Middle Class Are In the Firm Grip of Fear, Fraud and Denial

Jesse's Café Américain: The US Intelligentsia and Middle Class Are In the Firm Grip of Fear, Fraud and Denial

The lie is comfortable, an illusion easy to live with, familiar, and safe.

Writing from the 'disgraced profession' of economics,James K. Galbraith speaks of the unspoken, the many frauds and deceptions underlying the recent financial crisis centered in the US. Many will read this and shake their heads in agreement, but will be unable to take the next logical step and internalize the implications of the depth and breadth of the dishonesty that enabled it then, and continues to sustain it, even today. Galbraith is asking 'why' and framing a further inquiry into the consequences of this unwillingness to reform.

Continued. . .