[F]or the past quarter century, policies adopted in the name of Adam Smith... that supposedly strengthen the invisible hand guiding the market, have weighed down our economy while simultaneously stuffing the pockets of those among the rich and powerful who solicited them or... were just standing in the right place at a lucrative time. This is our story, not of one free lunch, but of the many banquets at which billions and billions of your dollars are being served to the richest among us." - Meaning and context.">
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[F]or the past quarter century, policies adopted in the name of Adam Smith... that supposedly strengthen the invisible hand guiding the market, have weighed down our economy while simultaneously stuffing the pockets of those among the rich and powerful who solicited them or... were just standing in the right place at a lucrative time. This is our story, not of one free lunch, but of the many banquets at which billions and billions of your dollars are being served to the richest among us.

— David Cay Johnston

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "[F]or the past quarter century, policies adopted in the name of Adam Smith... that supposedly strengthen the invisible hand guiding the market, have weighed down our economy while simultaneously stuffing the pockets of those among the rich and powerful who solicited them or... were just standing in the right place at a lucrative time. This is our story, not of one free lunch, but of the many banquets at which billions and billions of your dollars are being served to the richest among us." in the context of "" to mean that wisdom is timeless.

Source: The 'What it means' explanation text was generated by Google Gemini Flash (accessed January 18, 2026). https://gemini.google.com/app
David Cay Johnston

About David Cay Johnston

David Cay Johnston (born December 24, 1948) is an American investigative journalist and author specializing in economics and tax issues. He won the 2001 Pulitzer Prize for Beat Reporting, and from 2009 to 2016 he was a Distinguished Visiting Lecturer at Syracuse University, Martin J. Whitman School of Management and College of Law, teaching tax, property, and regulatory law of the ancient world. From 2011 to 2012 he was a columnist for Reuters, writing, and producing video commentaries on worldwide issues of tax, accounting, economics, public finance and business. In recent years he has also written for Al Jazeera America and Al Jazeera English, and is the board president of Investigative Reporters and Editors, Inc. (IRE).