Well, the average American is not so pro-freedom as, say, Walter Williams,
but considerably more so than the average Frenchman or German.  So it's all
By the way, contrary to Kinsley's assertion, wage and price controls were
not merely a "cynical re-election ploy."  There was a real problem
associated with the fact that at the time the Bretton Woods exchange rate
overvalued the dollar and the domestic U.S. inflation was making the
problem worse.  If I'm not mistaken, wage and price controls and the
Bretton Woods system were both abandoned at about the same time, which is
probably not a coincidence.

Marc Poitras

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