The most efficient market of all

How many words are in an Economist special report, anyway?

This week the magazine strings together the requisite "way too many" while omitting the twenty or so that might explain why "modern economic theory" (read: theirs) fails to explain anything meaningful about the real world.

Are you ready to save yourself an hour? Here it goes!

Just as economists appreciate being employed, the powerful enjoy hiring them -- especially when they lend credibility to the prejudices of their employers!

And now, laundry.