And we have raised more than a generation of college students going into the finance sector on this blinkered monetarist view of the finance sector, that money is somehow dropped on the economy by heicopters and banks are supposed to be just one more type of financial middleman.
In other words, even if a group of heterodox economists led a revolution, the slightly educated masses wouldn't follow.
A little learning is a dangerous thing. Most economists teach a theoretical framework that has been shown to be fundamentally useless. -- James K. Galbraith
"Saving" as adding to a Dragon's Hoard that will increase societies real productive capacity when "the time comes to spend it" ... that is even more deeply entrenched than the "gas tax is political suicide" meme.
And of course, Agent Orange is designed to avoid undermining people's basic prejudices. I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.
You're From Ohio, You Idiot, Don't Screw With Our Train I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.