From the archives | 22 January 2015

From ‘Economic quackery’, The Spectator, 23 January 1915: Ever since the war began there has been a tendency to rely upon the government, instead of relying upon ourselves and upon the operation of economic laws. The political mischief resulting is the establishment of what is virtually an uncontrolled Cabinet autocracy. The economic mischief, though it has already made itself evident in one important particular, may only be realized years hence.