This column was originally published on the Ball State University Center for Business and Economic Research Weekly Commentary blog.
I have the very good fortune to be living amid a veritable golden age of economic columnists. There is such an informational cascade of policy debacles, silly ideas and mesmerizingly idiotic claims that the hard part of writing this column lies in picking the ripest fruit from the cornucopia of ridiculous.
The newest of these comes to us from New York’s mayoral primaries. The Democratic winner is 33-year-old democratic socialist Zohran Mamdani, who won by defeating former New York Gov. Andrew Cuomo…