During the two decades prior to the financial crisis, most people – including most politicians – assumed that the market was supreme. Now the intellectual pendulum may be swinging back to the belief that state action can mop up markets’ messes – just as veneration of the state in the 1930’s followed market worship in the 1920’s.
在金融危机之前的二十年里，大部分人——包括大部分政客——认为市场才是主导者。如今，理论天平大概回到了国家行为可以收拾市场混乱的信条上，正如紧随20世纪20年代的市场崇拜之后出现的是国家崇拜。