Don’t Call It a Crisis
Every great mistake has a halfway moment, a split second when it can be recalled and perhaps remedied.
—PEARL S. BUCK, WHAT AMERICA MEANS TO ME
Talking about the economy effectively, so that the merits of proven policies like progressive taxation, government investment, and financial regulation become obvious, is no small feat. We’ve already seen that doing so requires us to clarify our story of what the economy is and how it operates, homing in especially on what we evoke with our metaphors and imply with our too often passive voices. As we explored in the last chapter, we lose the argument before it begins by conveying assumptions at odds with what we emphatically declare. Without staying, so to speak, on ...