Government control and direction makes sense, unless you believe the best car is the world is handled by letting go of the steering wheel. MPG and pollution control would not have happened, and you'd be able to cut LA air with a knife. Leaving addiction to oil to the marketplace has had its consequences. Which is to say, if it wasn't developed unintentionally to working towards clean air, and computer controllerd ignition,fuggedaboudit.
Monetary policy is not one of those things. Monetary policy is like wrestling with a greased pig. You don't get anywhere, and the pig gets annoyed.
Some things man was meant to leave alone. Ed Wood logic works here.