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Monetary and fiscal policies to force growth and high employment is wrong, and causes all sorts of problems, like inequality and climate destruction. Free marke
by Geee 5y ago
Monetary and fiscal policies to force growth and high employment is wrong, and causes all sorts of problems, like inequality and climate destruction. Free markets (collective free will of people) optimize for efficiency, not growth.
That's why were still using oil instead of nuclear. That's why we're still working instead of automating the necessities. Free energy & free food would result in infinite deflation, zero GDP, and total unemployment which is opposite of what current policies are aimed at. Show me the incentives and I will show you the outcome.
- imtringued 5y agoHere is a new set of incentives: http://rootbug.com/ http://rootbug.com/