A User’s Guide to Wrecking the Global Financial System

Ordinary Americans elected Trump because they expected him to make things better. Did they realize they were getting a reactionary economic project?

It is exactly a century since John Maynard Keynes published “The Economic Consequences of Mr. Churchill,” a devastating takedown of the policies of the Conservative government in which Winston Churchill served as Chancellor of the Exchequer—the British equivalent of Treasury Secretary.

Keynes predicted—correctly—that the government’s decision to return t…