The Era of Efficiency Is Here

The Era of Efficiency Is Here

An unexpected line running through Christopher Caldwell’s book The Age of Entitlement is how post-1960s America, high on the supply of a newly minted civil rights regime overseen by the federal bureaucracy, became a landscape ripe for unbridled government spending, easy credit, and extraordinary leniency on personal and corporate debt. I will pull on this thread—perhaps taking it one step further than Mr. Caldwell: easy money translated into eas…