Intressant analys

Här är en extremt intressant artikel av Michael Barone, en av USA:s ledande statsvetare:

But in this summer of unrecovery, it's still important to understand how so many smart people got so much so wrong.

One answer comes from economist Arnold Kling writing for american.com. Kling argues that the collapse of the housing market and the financial crisis disrupted what had been "a sustainable pattern of specialization and trade" and that we need to let the market economy develop a new one.

Instead, the policies of the Obama Democrats have been aimed at propping up the old order -- holding up housing prices and the mortgage market, keeping the Detroit auto companies in place, maintaining the lush standard of living of public employee union members (the purpose of the $26 billion the House was summoned back to Washington to approve Tuesday).

Maintaining unsustainable patterns of production, Kling writes, prevents the trial-and-error process of private investment that creates new jobs and patterns of production that will be sustainable.

Mycket insiktsfullt! I synnerhet noteringen om att vi alltid skall ha i åtanke att "smart people" långt ifrån alltid har rätt. Detta beror mycket på vilka grundläggande ideologiska och politiska åsikter de har och på att de fungerar som datorer - Skit in, skit ut! Och detta gäller givetvis både politiker och akademiker...

Tillägg: Här är en bra (brittisk) analys av Obamas problem...