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From a purely theoretical standpoint, I’m terribly curious what would happen if we incentivized spending like that. I’m sure it’d be terrible in the long run, b
by crgwbr 8y ago
From a purely theoretical standpoint, I’m terribly curious what would happen if we incentivized spending like that. I’m sure it’d be terrible in the long run, but it’d also have definite macroeconomic stimulus effects.
- angus-prune 8y agoThere is a short scifi story from the 50s called the Midas Plague by Frederik Pohl which deals with this in a very silly way. It's available through archive.org https://archive.org/stream/galaxymagazine-1954-04/Galaxy_1954_04#page/n7/mode/2up https://archive.org/stream/galaxymagazine-1954-04/Galaxy_195...