Teresa Ghilarducci

In Bloomberg Opinion’s world, inflation would hurt Americans less if they simply took the bus, ate lentils and let their pets die from cancer. The poor need to behave, after all. Based on that op-ed, professor of economics at the New School for Social Research Teresa Ghilarducci might want to consider running for president of the Out Of Touch Association. 

Whatever they're paying Teresa Ghilarducci, who is "the Bernard L. and Irene Schwartz chair of economic policy analysis at the New School for Social Research," it's too much. The bolded sentences seen after the jump which Ms. Ghilarducci included in a Friday New York Times op-ed (HT "Mungowitz" at the "Kids Prefer Cheese" blog via Megan McArdle) makes my contention an open and shut case (…