Just started The Great Persuasion and so far it is quite informative.

Several things have stuck out so far, but I found the following quote very telling.

"The right remedy for the trade cycle is not to be found in abolishing booms and thus keeping us permanently in a semi-slump," Keynes observed, "but in abolishing slumps and thus keeping us permanently in a quasi- boom"." Page 28, The Great Persuasion: Reinventing Free Markets Since the Depression, by Angus Burgin

I wonder how he would say things have worked out using his policies?

At this early stage the focus is on the disagreements among schools of economic thought, but it is an engaging read to date.

Order your copy here…

Many more people today doubt the infallibility of the state as the failures caused by too much government are becoming more and more evident, as they grow larger and more cumbersome. The problems caused by government action is something that should concern us all.

By the way, you might find this review of The Great Persuasion by Kenneth Minogue, a professor emeritus at the London School of Economics, and author of "The Servile Mind: How Democracy Erodes the Moral Life," useful.