Mike talks to UC Berkeley economist Brad DeLong. Professor DeLong, who served as Deputy Assistant Secretary of the Treasury in the Clinton administration, blogs at ‘Grasping Reality with All Tentacles‘ – one of the best economics blogs around.
Topics they discuss include economic inequality, economic growth, why this is the best time ever to be poor (in the United States, at least), grifters and suckers, alien sinister forces, McDonalds, restaurant gift cards, how the best con artists are those who can con themselves, and lots more.