There are no flies on Aslund, a free marketer. Krugman, another esteemed practitioner, provides evidence to the contrary. They are opinions.

Unregulated, anything-goes fiscal policy---which anticipates busts as integral to the blow-and-go "capitalist" system---got us in this mess in the first place.

We may agree on that.

Greenspan told us this couldn't happen, safeguards were built into the system. He admitted later he didn't see it coming. So much for weak fiscal regulation.

There were few complaints when Washington started spending.