The economic theory behind Trumpism


Source: vox.com vox.com

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For more than half a century, the American right has preached the virtues of free markets and low taxes and deregulation. But a new wave of conservative thinkers are now arguing that Republicans have been wrong — or at the very least misguided — about the economy. This new economic thinking represents a break from what we’ve come to expect from the American right. Its proponents argue for a new strain of economic populism, one that departs from the GOP’s past allegiance to big business and focuses instead on the working class. The question is, is it for real? Oren...