Ignorance and arrogance evidently pay well
The craziest thing about this news is that Yglesias gets paid big bucks to "write about business and the economy for Slate," when he has a grade-school understanding of both. This is the guy who recently recoiled in shock when he discovered that creating a small business venture is extremely difficult because the form of government he ardently supports imposes huge regulatory burdens.
Then he set about dismissing corporate CEOs looking for a way to handle the costs of ObamaCare as a bunch of whiners because they can just raise the price of their products to any level they want, any time they want.
Correcting his childish misunderstandings and leftist arrogance is a constant hobby for some conservative bloggers. He's got the business acumen and economic expertise of a pimply teenager looking at the stub of his first paycheck and wonder who this Greek lady "Fica" is, and why she gets so much of his money.