Paul Krugman writes,

for the past 14 years America’s political life has been largely dominated by, well, monsters. …Monsters like Dick Cheney, who saw 9/11 as an opportunity to start torturing people.

You can see how mellow Krugman has become now that he won a Nobel Prize and now that the Democrats have triumphed in an election.

I actually think that we will have one-party government for quite a while. The Republicans’ only economic issue is tax cuts. Next time a tax cut looks remotely plausible anywhere, you be sure to give them a call.

Meanwhile, the Republicans will be like those teams that the Harlem Globetrotters used to bring out to destroy in exhibition matches. Everyone comes out to cheer the Globetrotters and have a good laugh at the other team’s expense.

Some libertarians are making hopeful noises. They point out that the Democrats are liberal on social issues, and so are we. They point out that some of the anti-bigness attitude of academics like Lawrence Lessig ought to translate into libertarian thinking. They point out that the Democrats might have to do something responsible about entitlements, because they won’t be able to blame Republican obstructionism for an inability to get things done.

Personally, I am not so optimistic. But on my worst days I’m not as bitter as Krugman.

UPDATE: If you think that everyone who should read Bryan’s book, The Myth of the Rational Voter, has done so, check out this most un-Bryanesque column, linked to by Greg Mankiw, who has raved about Bryan’s book.