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I assume you know this already from the way you put the word on scare quotes, but for everyone else: there is no "economy" in a sense that it even can be said t
by ElevenLathe 3y ago
I assume you know this already from the way you put the word on scare quotes, but for everyone else: there is no "economy" in a sense that it even can be said to be good or bad. There are only people and transactions (on a spectrum between freely negotiated and forcibly imposed) and the people are either better off or worse off after each transaction. Ideally, everyone involved is better off after a transaction, including bystanders, and no one is coerced into anything, but this standard is not always (or ever?) met.
Anybody who tells you the economy is good or bad is priming you for some other form of propaganda.