Over the last decade, economists seemed to share a broad consensus about economic policy, with the old splits between monetarists and Keynesians apparently being settled by events. But the Great Recession of the last two years has changed everything.
While we enjoy the benefits of living in the greatest democracy in the world, we must be ever conscious of the fact that none of the achievements or freedoms enjoyed in America would be possible without the price that has been paid for by our servicemen and women.