David Brooks Article - People Are Irrational

The economic spirit of a people cannot be manipulated in as simple-minded a fashion as the Keynesian mechanists imagine. Right now political and economic confidence levels are running in opposite directions. Politically, we’re in a season of optimism, but despite a trillion spent and a trillion more about to be, the economic spirit cowers.

Mechanistic thinkers on the right and left pose as rigorous empiricists. But empiricism built on an inaccurate view of human nature is just a prison.

This is an amazing article by David Brooks. Read it all here. - DOB