Stochastic? Oligarchies? Non sequitur?!? And then there's the structure of the sentences. Mankiw should look at http://www.plainenglish.co.uk/ http://www.plaine

Stochastic? Oligarchies? Non sequitur?!? And then there's the structure of the sentences. Mankiw should look at http://www.plainenglish.co.uk/ http://www.plainenglish.co.uk/. That aside, I know many people in the top one percent. Many of them have a far better education than I do, and yet they're idiots. Granted, they're idiots with a lot of money. And also granted, when you have a lot of money you don't need an education. Besides all that, the article is, as jellicle said, bullshit. My other half's an economist at the Bank of England. She read it and burst out laughing. 'Nuff said.