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Unfortunately, to get back to "Regulation and supervision. Intrusive and heavy-handed", we will have to "un-think" all of the BS spewed forth over the last 40 years to the explicit end of discrediting just that sort of government supervision. The fact that the policies on offer make no sense pales beside the fact that they appeal so strongly to the interests and sensibilities of the elites who have pushed them and benefited so greatly from them. And this will have to be accomplished in the face of the fact that these same elites largely control both government policy and the media.

But this article makes about as succinct and clear a case for so doing as is possible. I like the fact that you conveyed the conclusion of three sector national accounting without having to explain its essence. However, that explanation would make an excellent introduction to an article that was focused on that subject.

Kudos, Mig!

"It is not necessary to have hope in order to persevere."

by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Wed Jul 20th, 2011 at 08:48:52 AM EST
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