America Is Not a Free Country

Whose theories are their theories? In this case, Robert J. Shiller and George Akerlof, two economists, but Shiller in particular. Whose money? Mine and yours — ours. Shiller published an article in the Wall Street Journal on Tuesday, January 27, 2009: "Animal Spirits Depend on Trust." His conclusion is the standard statist, authoritarian, and Keynesian solution to the recession: "In due course our animal spirits will once again turn positive, but we would rather that happen this year or the next rather than five or 10 years from now. There is only one way to speed this process: greatly expand … Continue reading America Is Not a Free Country