Condemning us to repeat the past

The liberal press and “economists” such as Paul Krugman are so excited:  Obama is looking to FDR for guidance.  Before Obama gets too carried away with that notion, conservatives should send him copies of Amity Shlaes’ The Forgotten Man : a New History of the Great Depression, in which she compellingly explains how FDR’s endless messing with the market and expansion of the government prolonged and worsened the Depression.  For a quick summary of the principles underlying Shlaes’ thesis, you can read this WSJ article she just wrote.