> If you asked a US economist whether they thought zero interest rate policy (2008-2022) was a good idea, they'd think you were talking about a communist societ

> If you asked a US economist whether they thought zero interest rate policy (2008-2022) was a good idea, they'd think you were talking about a communist society with a desperate government trying to manufacture growth. I think you missed some words. Did you mean economists from the Cold War? By economic illiteracy, I don't mean economic opinions I think are stupid, but refusal to acknowledge economics altogether. If Milton Friedman rises from the dead, he could read the Fed's rationale for keeping interest rates low. He may vehemently disagree, but he would at least acknowledge there is an argument to be made. On the other hand, there has been no thought whatsoever put into the implications of a tax that specifically targets companies with a exec to worker pay gap. There is no economic argument for why stock buybacks are bad for workers. There are arguments for why they're bad for investors, but somehow I doubt that the authors of the article are worried about those people.