VIS MEDICATRIX NATURAE

Summary

•  Keynesian policies exacerbated both the Great Depression and Great Recession, while supply-side policies gave us the Roaring Twenties and the Reagan Eighties—the two most prosperous periods of the 20th century.

•  The ideal public policies should be: a.) a low rate broad-based flat tax, b.) spending restraint, c.) sound money, d.) free trade and e.) minimal regulations.
And, at no time are these healing powers of free markets more important than during periods of crisis.