6 ms·
> makes your own economy better off just because the overall economy is better off (often measured in GDP) doesn't mean it is better off for all existing resid
by cat199 9y ago
> makes your own economy better off
just because the overall economy is better off (often measured in GDP) doesn't mean it is better off for all existing residents (e.g. GDP/capita).. even from a pure free-market perspective, distribution of wealth is not so market driven especially in the short term and when massive distortions deliberately exist in the marketplace (regulation, patents, near-monopolies, barriers, etc.)