Niall Ferguson Calls Jeff Sachs A "Demagogue" For Blaming the 1% Rich

...A mean-spirited argument between two intellectual celebrities, Columbia’s Jeff Sachs and Harvard’s Niall Ferguson on CNN’s GPS new show, underscores the threatening tone of the debate in America.  Ferguson called Sachs ”a demagogue” for supporting OWS and more government spending and a thrust to “criminalize 3 million people,” the 1% of the nation that owns it.  With loathing in his voice Sachs charged Wall Street with destroying social mobility.”...