In my view, the "third way" is a cover story for the left-elites' attempt to keep the current aristocracy (both left-seeming and right-seeming elites) firmly in place. But listen and decide; and weigh in with comments if you disagree.
Articles mentioned in the discussion:
■ Jeffrey Sach: Move America’s economic debate out of its time warp (free registration required)
■ Paul Krugman: Magneto Muddles
■ Brad DeLong: What Is to Be Done Now?: Jeff Sachs Appears to Miss the Point by a Substantial Margin
Navigation hint: Holding down the right and left arrow keys performs an excellent fast-forward and fast-rewind. You can also click in the progress bar.
Listen to internet radio with Jay Ackroyd on Blog Talk Radio
The discussion opens with the Jeffrey Sachs article and "centrism."
The discussion of "rent-seeking economies" (which in the current instance means "making bankers whole") starts at 26:20. My article on rent-seeking is here.
Thanks for listening.
GP
To follow or send links: @Gaius_Publius
