The assertion in the title is borne out by this entertaining and substantive look at various "defunct economists," to borrow Keynes's phrase (quoted by Mr. Kinsley), and their modern followers. PP: "There's economic theology from the Right, which these days is more dramatic than economic theology from the Left. There's no Left left, let's face it. There's a rabble of ideas ... from the Left, and there's quite an organized and interesting set of ideas from the Right. And I'm not from the Right." ... TB: "It's much easier to be Richard Gephardt and travel the country condemning the practice of foreign countries and claiming that the only way we're going to preserve American industry and American jobs is if we erect trade barriers. That's just a lot more stirring ... than if you agree with the 98 per cent of economists who believe he's wrong."