The inevitability of classical economics

Suppose the world had somehow skipped the political and economic imperatives of 1945-2007 and come straight to 2008 from 1946. What would have been the level of government intervention in economies? What should it be now?

After this virus fuss is over, the question will have to be answered over the following few years because those 61 years were an aberration from the previous four billion years. What we came to regard as “the normal” was anything but normal because the state, like nature, wasn’t in the business of compassion and equity. The level of intrusion which these things necessitated was