Think of this as Volume 17, Number 14 of A-Clue.com, the online newsletter I've written since 1997. Enjoy.
I know that liberal economists like Paul Krugman want to dismiss David Stockman's latest book, The Great Deformation as the work of a “cranky old man”
But it's not. It's the finest form of political jiu jitsu. And it's dangerous stuff, very dangerous.
Stockman, who was briefly a Reagan budget director, and who was then made wealthy by Wall Street, reveals here that his heart is in the Austrian economics brought to this country by followers of Ludwig von Mises.