And incidentally...
I'm not surprised you had to first locate a Pepperdine Business Department economist to dredge up that load of self-serving bullshit.
This is Reisman's background on economics.
Not sure what your problem is. The venom-spitting fury is typical of dyed-in-the-wool leftists when you get too specific about their ideas, but I know you're not one of those. So what's the deal? Pepperdine beat your favorite team last year?