America is Fated to Lead

Economic Experimentation

I would be lying if I didn’t admit that Brad DeLong and his fellow traveler Paul Krugman didn’t send me into a rage with their inane and insane proposals. But it’s still worthwhile to mention this article, because it represents all of the incompetence that has held the United States back, and merely adds one more obstacle to overcome (the unstoppable left-wing urge to intervene and meddle) on the road to recovery. One of the best and most depressing books I read in recent years was Amity Shlaes’ The Forgotten Man. Unlike DeLong’s broken study of the Great Depression, Shlaes’ research shows how FDR’s unpredictable and constant meddling with the economy inexorably crushed the recovery and extended the Great Depression. How many times must it be said? Businesses require stability! Stop the madness! </rant off>