My Conversation with Amity Shlaes:
"To discover to the world something which deeply concerns it, and of which it was previously ignorant; to prove to it that it had been mistaken on some vital point of temporal or spiritual interest, is as important a service as a human being can render to his fellow creatures..." John Stuart Mill, "On Liberty"
Wednesday, December 31, 2008
Words of Wisdom for the 2009 Economy
Amity Shlaes, one of the nation's most respected economic commentators, has a great year end piece in today's Washington Post about what an Obama stimulus plan might look like and what we really should learn from FDR. Her book The Forgotten Man: A New History of the Great Depression offers a striking reinterpretation of the Great Depression and offers lessons we should all be aware of as we begin the new year in search of an economic panacea.