The 10 Worst Economic Ideas of 2011

Thursday, 12/22/2011 - 9:21 am by Jeff Madrick

Let’s hope the New Year brings some new ideas, because this year’s couldn’t have been much worse — or more widespread.

I was at an Occupy Wall Street demonstration this weekend and many clergy addressed the group. One nun told the crowd it was Christmas season and that it was time for something new to be born in America.

It was a nice thought, and I hope that the “something new” is good sense, because it has been a year in which some of the worst economic ideas ever have gained support and are being applied around the world.