Just a correction: “stagflated”, not “inflated” economy.
Now, what’s wrong with great derpession or revolution? There’s not such thing as free lunch.
The question about “How do we fix our economy” lies beneath an assumption: that we can have a full-employment and general equilibrium economy in the long run. This assumption is a fairy tail without the dragon.
Just a correction: “stagflated”, not “inflated” economy.
Now, what’s wrong with great derpession or revolution? There’s not such thing as free lunch.
The question about “How do we fix our economy” lies beneath an assumption: that we can have a full-employment and general equilibrium economy in the long run. This assumption is a fairy tail without the dragon.
Comment by Giorgos K — January 8, 2009 @ 12:07 pm