Tyler Cowen, Waldo's favorite economist, wonders. He goes as far as to say the pro argument is easy and a bit simplistic, and offers some links contra.
I'm working on a long piece on how the GOP got where it is. I'll know more after Tuesday's primaries (Charlotte will be under candidate siege tomorrow (HRC, Bernie, The Donald- entreating the animal spirits to rise in, of all places, Hickory), and campaign ads have been mercilessly few, since the results are not in doubt). Probably next week. But boy, it's sure fun to watch! Having fought the ideological purists for thirty years, I am happy to sit back and watch them pull down their own temple.