Economist Robert Shiller now prescribes a strong dose of medicine — actually poison — for the U.S. economy (see here). Shiller’s diagnosis and doctoring are the same as those of the Bush-Obama-Bernanke regimes. He only wants greater and more persistent doses of the poisons. Shiller’s policies will crush the realization of the American entrepreneurial spirit, and even that spirit itself, as they crush the economy. They continue on a larger scale the process of destroying the foundations of American greatness that began with the Progressive movement. Shiller champions government authority over the economy. In this regard, he is at once … Continue reading Poisoning the Economy