http://www.lewrockwell.com/rothbard/rothbard184.html History as regards Hoover is much distorted. He attempted all sorts of interventions in the economy, little different from the present. Nevertheless, as President he was automatically blamed for the Depression as is our custom. I see no problem with engineers running things and leaving the Community Organizers to offer the spin, hype and diplomacy needed for political cover. We have had two Presidents who haven't run anything of note successfully ( aside from campaigns) - from both parties. Given the current public ferment over healthcare and the election of Joe Biden as Number Two, it's hard to see competence even in the area of effective smooth talk. As for China, I conclude that Lee Kwan Yew has a point in saying that you can only have as much human rights as your developed economy can support.
