The Cure for an Uncoordinated Economy: Laurence Kotlikoff

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Nov. 30 (Bloomberg) -- If a deadly virus struck ourcountry, scientists at the Centers for Disease Control andPrevention would diagnose the problem, inform the public, andthen prescribe a cure. If only this were true for our economicillness.

Neither President Barack Obama nor the disloyal opposition has explained what really ails the economy. But this hasn’t stopped them from applying highly expensive and generallyineffective elixirs.