- How Trump is economically illiterate;
- Personal aside about buying my first car in 1982;
- Wondering again if humanity has hit a conceptual limit;
- For example: Trump claims prices have been cut by 1500%;
- An essay by George A. Akerlof asks, “What Do We Do When the President Acts Like a 5-Year-Old?”
- With thoughts about how conservatives mistrust the “deep state.”
I never took an economics course in college. But most of what I’ve learned about everything, except for the relatively basic matters of physics, chemistry, math, and music, that I learned in college, I’ve learned on my own in adulthood, over the past 45 years. And I’ve read lots of essays, even a few books, about economic subjects and how opinions split along political lines (i.e. fact- vs ideologically-driven). These days I trust Paul Krugman and Robert Reich on economic matters.

NY Times, guest essay by Steve Rattner, 4 Aug 2025: Our President Is Economically Illiterate
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