Quote: magicjay38 did not say shit. Jude Wanniski said: Supply-side economics is not taught as a comprehensive academic course of study in any institution of higher learning in this country or, indeed, anywhere in the world. Keynesian and monetarist domination of academic faculties remains a stranglehold.
That is less a reflection of the merits of one view or another and more a reflection of the fact that something like ninety percent of the faculties of most universities are democrats/liberals who are, naturally, going to espouse the theories that reflect their ideologies.
That may be true of university professors, it's not true of economics professors. The majority of faculty today were schooled in Milton Freedman's moneterist theories as well as Keynsian. In fact moneterist theory is a foundation of supply side, along with the ideas of social darwinist wankers of the Austrian School.
