*Anyway, the only exception I would take
is with the implication that our citizens (and especially politicians)
are getting smarter. *
Economics is a science, and there is no question but that a lot more is understood about it today than in the 1930s, just as with physics, biology, etc. Of course, there are always some people who believe in outmoded concepts such as a flat earth, a gold standard, and the idea that free international trade makes "working people" in the U.S. and other countries worse off.