dvdgray,

the "story" you quote references the opinion of blogger Scott Sumner.

His friends call him a technophobe since he only got his first cell phone in 2011....and he has 2572 followers on his...twitter. Not a lot of followers….if he is such a smart guy.

Check out this recent work from Scott Sumner.

http://www.themoneyillusion.com/?p=32058&utm_source=twitterfeed&utm_medium=twitter&utm_campaign=Feed%3A+Themoneyillusion+%28TheMoneyIllusion%29

Peter Thiel apparently is wrong, according to Scott Sumner… when it comes to Thiel supporting Trumps views on trade?

So…is Peter Thiel a …..dummy too?????

Peter Andreas Thiel is a German-American entrepreneur, venture capitalist, hedge fund manager and author.

Thiel co-founded PayPal with Max Levchin and Elon Musk and served as its chief

Net worth: 2.7 billion USD (2016) Forbes

Scott Sumner, childishly writes stuff like ..”ok Mr. Smarty pants”…

So,

If Scott Sumner is the Real Mr. Smarty Pants….what’s his net worth? And why so few followers on twitter for Mr. Smarty? And why was Thiel right about a Trump win??

http://www.nytimes.com/2016/11/10/technology/peter-thiel-bet-donald-trump-wins-big.html?_r=0

If Sumner feels the trade part of the economic plan is "laughably wrong", perhaps he should run for president in a few years and show everyone how it should be done.