I’ve recently been reading about Warren Buffett’s father‚ Howard Buffett‚ a four-term Republican congressman from Nebraska. He seems to have been a very good father‚ but his political worldview was predicated on a deep pessimism. He was so convinced that federal spending was ruining the country that he bought a farm so that his family could feed itself while everyone else starved. He predicted that all government bonds would soon be worthless and bought his daughters gold jewelry so that they...