Dr. Peter Boettke, University Professor of Economics at George Mason University writes,
“…The US has made a lot of bad policy choices that violate the teachings of basic economics and common-sense for over half a century. We have not yet destroyed the US economy through these choices, but we are potentially on that path. The most effective way to get off that path would be to establish new restraints on the natural proclivities of elected politicians (take away discretionary powers in fiscal and monetary policy) and unleash the private sector and the creative powers of entrepreneurs. We can still pull out of this current crisis, but first government must stop making matters worse by catering to the natural proclivities of elected officials (from whatever party).”
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