Blimey ! - "Barack Obama is committing the same mistakes made by policymakers during the Great Depression, according to a new study endorsed by Nobel laureate James Buchanan", a guy who went to gradeschool in the 1920's. "There are 'troubling similarities' between the US President's actions since taking office and those which in the 1930s sent the US and much of the world spiralling into the worst economic collapse in recorded history, says the new pamphlet, published by the Institute of Economic Affairs."
...another tinhat enclave that, according to Wikipedia, "styles itself the UK's pre-eminent freemarket think-tank. Its mission is to improve understanding of the fundamental institutions of a free society by analysing and expounding the role of markets in solving economic and social problems."
The Invisible Hand is a fabricated concept that comforts suckers, and embellishes the atmospherics of capitalism. In post-modern life it resembles a thrall drip prescribed by a wingnut psychologist.
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