Sherry Reson & Jay Ackroyd talk with Gaius Publius, contributing editor at AMERICAblog.com, about the recent Jeffrey Sachs Financial Times column in which Sachs plays the "both sides' economists do it" card. The column exposes the neoliberal ("centrist" / elite) view of what must drive public policy — the need to abandon the New Deal for good.

Jay and Gaius also discuss Gaius' recent column on "rent-seeking" economies — what they are; why ours is killing us.

See Krugman's comment: Magneto Muddles

Follow @gauis_publius @JayAckroyd @AmericaBlog