Michael likes to tease that I once went to a DFL caucus in 1990 -- tis true! And when I was a high schooler, I hung door hangers for George McGovern in my native NH in 1972. The caucus thing was an expression of revolt with the first George Bush and the IR's seeming one-trick, economics- free platform. I'll defend that choice.

McGovern? Up to now I could only chalk it up to youthful indiscretions. But today he writes one of the most sensible pieces on the credit crunch I've yet read. I am worried it will turn out there's another McGovern, but for now I can take refuge in the fact he wrote this concluding paragraph:

The nature of freedom of choice is that some people will misuse their responsibility and hurt themselves in the process. We should do our best to educate them, but without diminishing choice for everyone else.

"America, come home!" says Arnold Kling.

UPDATE: I see Chad was thinking the same thing.

Labels: economics