"Building Snowmobiles" in Other Disciplines, Even in National Policy

commentary by Roger Erickson

"Warren Mosler, a brilliant economist and investor, built his sports racer out of bits and parts that fell off the Big Three's table — a steering wheel from a minivan here, a Chrysler engine there, some mismatched gauges — but mostly what he did was to add lightness. The resulting fiberglass-bodied car had a marvelous power-to-weight ratio and did so well in racing that it was eventually banned."

Mosler also went on to rediscover and extend many discouraged observations about fiscal policy space and policy agility, observations dating to Marriner Eccles, FDR, Abe Lincoln, Ben Franklin and John Law, but constantly resisted and reburied by bureaucrats from the banking lobby and cartels. Policy agility too is consistently banned, until it breaks out by necessity.

"Building Snowmobiles" from diverse parts - a phrase championed by John Boyd.

Have WE, as a people, built any completely novel "snowmobiles" lately, in entirely new dimensions of tactical, strategy or policy space?  Why the heck not? Sounds like insane amounts of fun.  Beats austerity.