A few days ago, former Buch economic advisor Greg Mankiw wrote an editorial arguing that if tax rates returned to their 1990s-era levels, he’d work far less, perhaps writing fewer disingenuous editorials.
Like Mankiw, I have several sources of income: I’ve got my day job, and I do some freelance editing, and I do some events work on evenings and weekends at my wife’s book store. Yesterday I worked the Boston Book Festival. Eight hours on my feet with a smile on my face and a twinge in my back lifting books and running a register. For that I earned $80 pre-tax, most of which I spent buying a round of drinks afterwards.
I’m not in it for the money, in other words. I do it because I enjoy it and because I believe in the book store and in sales. And because this weekend I got to meet Dennis Lehane, Chip Kidd, and Kristin Hersh.
Mankiw gets paid good money to advance a theories he doesn’t even believe. If he were serious about what he’s saying, he’d shut the fuck up and get the fuck out, and we’d all be better off.