Bush and the economy

12Nov07

The Economic Consequences of Mr. Bush: Politics & Power: vanityfair.com

When we look back someday at the catastrophe that was the Bush administration, we will think of many things: the tragedy of the Iraq war, the shame of Guantánamo and Abu Ghraib, the erosion of civil liberties. The damage done to the American economy does not make front-page headlines every day, but the repercussions will be felt beyond the lifetime of anyone reading this page.

You just know that an article that starts like this has to be a fascinating polemic. A good read, though somewhat depressing. And by the way, if you’re not that economic-history savvy, “The economic consequences of the peace” was the title of John Maynard Keynes seminal work that laid the foundation for much of modern (though, not too modern) macroeconomics.

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