Since The Fed's mandate is all the talk of the day (or was it yesterday, and who keeps track when it never amounts to anything?) this recent essay in n+1 (much like others) has not yet gotten the sustained attention it deserves.
From the people who brought you the idea for the bumper-sticker that reads:
Logically-Speaking, Most Americans Must
Either Love Their Government
or Really Hate Capitalism.
Which somehow I doubt anyone in Shelton-Laurel will get. Can it be shortened?