Over at Reason, Peter Suderman has a very nice piece summarizing Noam Scheiber’s new book. What I find most interesting (though in no way unexpected) is the conclusion by the Obama administration, and Obama himself, that there is no economic problem that cannot be solved by the pulling of levers in just the right proportions.
In The Escape Artists: How Obama’s Team Fumbled the Recovery, Noam Scheiber, a senior editor at the venerable liberal journal The New Republic, presents a reminder that the senior officials who drive the policymaking process are also people with unique and often clashing personalities. But there is one trait that connects them all: an unshakable belief that there is no economic problem, large or small, they cannot solve through technocratic meddling.