James Drogan

...and good governance get out of the way of growth; and at best, they encourage and foster the drivers of growth.

Now, as I showed a few months ago, back at the very beginning of this new econometric world, politicians were looking for economic models that would allow them to pursue their desired political objectives. If your political objective was a small government footprint, you favored certain models which suggested that was the proper course of action. If your political objective was a larger government and income redistribution, you favored other types of models.

John Mauldin, Thoughts from the Frontline, September 1, 2014, http://www.mauldineconomics.com

This edition of Thoughts from the Fronline is worth a full read.