Hamilton's Counterfeit Capitalism

As we await Bush’s replacement to straighten our wayward lives, it’s crucial to understand how we got here and why policy makers are so determined to do the wrong thing. Austrian economics explains why their policies are flawed, but no one with a voice seems to care. When history confirms that hands-off is the only effective and humane approach to a bust, and to prosperity generally, while hands-on brings ruination, why do governments today consider every option but free markets?  FULL ARTICLE

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#1 Michael Boldin on 12.23.08 at 4:49 am

Seems almost amazing that this kind of crony capitalism goes all the way back to the founding days….

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