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Ending the depression through planned obsolescence (1932)
- riedel 5y agoI did not read the "the" before depression and was expecting a psychological article and was wondering how one could actually plan obsolescence...
- Nasrudith 5y agoA pitch-black comedy joke about committing suicide to lower overall rates of depression would fit. In a Johnathan Swift style technically a solution but absolutely horrifying way.
- missedthecue 5y agoHark! I hear a fallacy "Demand can grow the economy" We produce so we can buy Demand's enabled by supply If our goal is more consumption First, we must increase production Rising productivity Is the path to prosperity The Law of Markets tells us why Growth is driven by supply!
- rendx 5y ago"inflation" is what you call the tax on "hoarding money and keeping old and useless things" that the author claims is lacking. (page 8/9)