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Very true! Yet another reason why so many economies are absurd; they do not have properties we'd want an economy to fulfill.
by calibraxis 11y ago
Very true! Yet another reason why so many economies are absurd; they do not have properties we'd want an economy to fulfill.
- pbhjpbhj 11y agoMost "economies" are financial systems rather than actual economies.
- brc 11y agoIt's a popular idea but not borne out by the truth. In any decent sized (ie, not tax haven) economy, even the most financially distorted economy still produces a lot more real good and services than finance services.