I just finished David Stockman's "Great Deformation" -- a 769
page polemic on the modern corruption of free markets from FDR
forward. Excellent fiscal and monetary history that deepens the
case against the Fed in the last crisis and fills in much that I
didn't know from the New Deal forward. In terms of reputations, FDR
down deeper; Eisenhower up; Nixon even deeper in the cellar; Reagan
down; the Bushes sink deeper; Obama, hard to think it possible, but
lower. Maybe the most important book I've read in the last decade
and I read a lot of good books. I will read it many more times and
can't recommend it highly enough. If anyone has arguments against
him, I want to hear them, as it is a polemic. Just so much real
data and insight from the inside of business and government. His
attack is on the welfare and the warfare state. I was already with
him on crony capitalism, but he's put forth a strong challenge on
defense. I'm thinking it through.
I just finished David Stockman's
Tesla is the best car I've ever owned, it's the iphone of cars and future of cars
Posted by a_l_ on 11th of Apr 2016 at 02:49 am
I just finished David Stockman's "Great Deformation" -- a 769 page polemic on the modern corruption of free markets from FDR forward. Excellent fiscal and monetary history that deepens the case against the Fed in the last crisis and fills in much that I didn't know from the New Deal forward. In terms of reputations, FDR down deeper; Eisenhower up; Nixon even deeper in the cellar; Reagan down; the Bushes sink deeper; Obama, hard to think it possible, but lower. Maybe the most important book I've read in the last decade and I read a lot of good books. I will read it many more times and can't recommend it highly enough. If anyone has arguments against him, I want to hear them, as it is a polemic. Just so much real data and insight from the inside of business and government. His attack is on the welfare and the warfare state. I was already with him on crony capitalism, but he's put forth a strong challenge on defense. I'm thinking it through.
Yep, he's right on...
Posted by stevieb294 on 11th of Apr 2016 at 07:18 am
Don't miss his blog: Contra Corner