By William K. Black December 22, 2017 Bloomington, MN As Brad DeLong aptly puts it, John Cochrane was once an economist. Cochrane is now a right wing ideologue surrounded by similar ideologues at Hoover. He is pushing his new chapter in a Hoover book entitled American Exceptionalism in a New Era. His chapter’s title is “Law and the Regulatory State.” I will be writing several articles responding to Cochrane’s chapter, but this first piece concentrates on one key belief that...
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