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> About fifty years ago

Many things changed around that specific time, and I think it does deserve scrutiny. Implied cultural factors seem to be merely correlates of greater historical tide, such as https://en.wikipedia.org/wiki/Bretton_Woods_system#Nixon_sho...

My take here is a monetarist.

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Yep, that played a significant role in shaping how things turned out. We want a single source to blame, but rarely does history present us with such a neat villain (though god, Reagan comes so close to being one, at least for the specific issues important to me).

Understanding the interconnectedness of systems beyond your own realm of expertise is how you learn what needs to be done to fix issues - and avoid falling for snake oil “silver bullets”/“one weird trick” populist positions.

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