Name one time where I used that term? I specifically stated and have given examples that centralized planning, more often than not, causes more harm than it abated.

And on the whole that is NOT the status quo. Before the modern incarnation of interventionism (Keynes) it was the general practice that in times of panic or recession that the only thing the federal government did was reduce spending commensurate with the lower revenues. Never during that time did we experience a recession the length and depth of the great depression.

The comparison is so stark that the interventionist have to rewrite history and cast Herbert hoover, an interventionist, as the 'do nothing' president. That kind of intellectual dishonesty is so astounding it can only be propagated in the halls of academia. In reality, Calvin Coolidge faced the same initial crisis, did nothing reduced spending and low and behold the tens of millions of people with individual vested interests and needs for economic growth found a way to heal and grow their economy.

But what do we replace it with? The primary role of the state is to enforce rights, primarily property rights. Aside from that the best result will come from free people working out their own economic arrangements to serve their own interests.

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