This time is different scam

• The End of Neoliberalism and the Rebirth of History - Joseph E. Stiglitz
  
For 40 years, elites in rich and poor countries alike promised that neoliberal policies would lead to faster economic growth, and that the benefits would trickle down so that everyone, including the poorest, would be better off. Now that the evidence is in, is it any wonder that trust in elites and confidence in democracy have plummeted?

We are now experiencing the political consequences of this grand deception: distrust of the elites, of the economic “science” on which neoliberalism was based, and of the money-corrupted political system that made it all possible.

No, we are just ending one 'Thisd time is different scam' and starting another, as usual.

The only way forward, the only way to save our planet and our civilization, is a rebirth of history. We must revitalize the Enlightenment and recommit to honoring its values of freedom, respect for knowledge, and democracy.

And so Stiglitz is starting a new 'This time is different' scam.  But we have to have a Nixon Shock first, Joe, you remember the drill, you were part of the last scam.