Reich has a lot of good things to say about the speech the Laureate made Monday. It's a good speech. In it the Laureate identifies the source of the economic problems we have. And promises he's gonna deal with it.
Therein, of course, lies the rub.
Yves Smith thinks it's total bullshit.
Both are correct, but then only in the sense that there is no paradox that can't be para-doctored.