In 1970s, the pendulum of government regulation swung too far toward overbearing control, creating stagflation, demonstrating that excessive government intervention is also destructive—but this does not prove the neoliberal extreme of minimal intervention is correct either.
causalpending
Speaker
Victor JvetsayEvidence Quote
“Certainly through 1970s that the government can become overbearing. That's one of the reasons we've experiencing a stackflationary period through the 1970s. So you can always swing the pendulum can always swing too far”
Created: 8/11/2026, 6:33:00 AM
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