No, it's really not. It's just the statement of a simple fact, that the economy is a complex technical thing, and does not follow simple moral heuristics. Basic

No, it's really not. It's just the statement of a simple fact, that the economy is a complex technical thing, and does not follow simple moral heuristics. Basically the point that Keynes was trying to make when he was debating that the health of the economy was more important than the "sin" of abandoning the gold standard. It does not matter whether you like it or don't like it, it's reality, and denying reality is foolish. Foolishness is what causes most of the bad outcomes we see in the world, including the bleak lives of so many who were victims of good intentions which I gave examples of in my post. When people convince themselves that it's unfair to make unemployed people leave their apartments and are then shocked, shocked, that rental rates go up, that is foolishness. When people convince themselves that everyone should go to college, and are shocked, shocked that we have an army of unskilled workers, it is again foolishness. When people decide that advanced placement is unfair because the rich benefit and are then shocked, shocked that the rich end up benefiting even more as only private schools have advanced placement, then this is even more foolishness. But some people insist on living a world where society makes foolish choices rather than wise choices. Fortunately societies with too many such people don't last very long.