Fear is Foul

University of Chicago economists Gary S. Becker, Steven J. Davis, and Kevin M. Murphy make a similar point in last week’s Wall Street Journal. They argue that introducing a host of economic changes on the heels of a recession is a mistake and contributing to our economic woes. "By failing to adopt a measured approach, Congress and the president may be slowing the economic recovery, and thereby prolonging the distress from the recession," they write.

Ideologues on the left.