You failed to address any of the negative factors of the FDA and government drug regulation that I clearly listed. Moreover, licensing cartels and other means of artificially constricting the number of suppliers is ultimately MORE ADVERSE to the consumer than the presence of a bad option in a truly free market.

And corruption is only part of the challenge. The federal reserve board is universally acknowledged to have caused the great depression. It's founding was chartered to stabilize the money supply and minimize panics. Under their existence we have seen the greatest volatility in the money supply a greater frequency of panics/recessions and two of the greatest economic collapses in the history of the country. By every measure it has failed in it's original purpose and yet, in the wake of demonstrable unmitigated failure otherwise sane people will still attest to its 'incorruptability' while ignoring it's gross incompetence.

As I've said Keynes general theory and his vision of economic intervention was DEVISED because he clearly pointed out that a recession in his time was CAUSED solely bby the mismanagement of monetary policy in his own time in his own country.

And you're right. It is a matter of history. History calls us to examine all factors and results, not intentions and rhetoric. History teaches us that in times of economic recession state intervention usually makes matters worse. The taxes and ultimate devaluation are real, but the promised benefits are generally not. 1 trillion dollars (counting interest) of stimulus spending and we had the longest run over 8% unemployment since the great depression. Intentions are nice, results are necessary.

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