Why Government Intervention Won't Last

Quoting Michael Schuman:

Every time there has been a perceived crisis of capitalism in recent decades, the government’s economic role has swelled. But inevitably, this process gets thrown into reverse and the free market stages a rousing comeback. That’s because governments can screw up economies just as effectively -- in fact, more effectively -- than free markets.

He goes on to explain how that’s exactly what happened in the UK, India, and Japan over the past few decades.