Economics is constantly reinventing itself. I doubt anyone follows John Maynard anymore. I read an interesting editorial about the current President's management. Basically, the pundits were saying that government should be run in a more business-like manner. Bush was an early adopter of the mangement policies that we consider 101 management today. He is our first president with a MBA. It has been found through his problems that business management does not work that well in the Presidency. His article's only real complaint was that Bush was too loyal to those who failed, and that using Chaney as a CEO type position was not practical. Personally, I think he was too kind to Chaney, but that is opinion, not fact.
Many of our existing problems can be laid at many doors over a long period. I can make direct connections with acts from before 1970 that are coming into fruitation today. Others have made connections to acts committed over 100 years and their repercussions today. Who knows what will happen.
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