You can do better than this straw-man. As best I can tell reducing work effort is good, but neither the banking crises nor a BI hold much of ceteris anything l

You can do better than this straw-man. As best I can tell reducing work effort is good, but neither the banking crises nor a BI hold much of ceteris anything like paribus. The banking crisis saw work effort fall, but also saw productivity fall and saw incomes fall for a great many individuals. It's not hard to imagine that that nets out negative.