There's this boogeyman floating around that "the economy" consists of a bunch of billionaires drawing lines on charts, drinking champagne and laughing at the pr

There's this boogeyman floating around that "the economy" consists of a bunch of billionaires drawing lines on charts, drinking champagne and laughing at the proles. If any of that is going on and is costing lives, by all means, put an end to it. But when I talk about "the economy", I mean the process that puts food on plates and electricity in houses. Someone has to grow the food, someone has to transport it, someone has to store it, distribute it. Sure, we could round up the world's billionaires and force them to do that, but unfortunately there aren't enough of them to do it for everyone, so someone else will have to do it too. And someone will have to service the cars and trains those workers take to get to work, and someone will have to watch their kids, and someone will have to provide toys to the people watching their kids, etc. etc. etc. THAT'S what I mean by "the economy".