I don’t think politicians relish closing down the economy, nor do I think they’ll be eager to do so in the future. For one thing, it’s contrary to their interests. They do what they do because when all you have is a blunt instrument, every problem looks like something that can only be solved with a blunt instrument.
TGIF: Maestro Trump and Drug Prices
When encountering a public problem, people tend to fall into one of two camps: one camp, the larger one, says, "There oughta be a law." The other one asks, "How has the government created or aggravated the situation?" We know which camp Maestro Trump belongs to. Take...