Martin Wolf of the Financial Times castigates the American House of Commons for rejecting Paulson’s totalism. In doing so, Wolf essentially argues, that if we don’t become more collectivist, we will end up with unimaginable horrors like another Hitler: “It is just over three score years and ten since the Great Depression. Judged by its rejection of the plan put forward by Hank Paulson, US Treasury secretary, Congress believes it is time to risk another one. That slump was, arguably, the greatest catastrophe of the 20th century: it was, among other things, responsible for the events that led to the … Continue reading Paulson & Beelzebul