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Stupidity is fickle and unpredictable. It doesn't have a plan, which sometimes makes it less dangerous than evil, but it also makes it unpredictable can cause a
by mcv 3y ago
Stupidity is fickle and unpredictable. It doesn't have a plan, which sometimes makes it less dangerous than evil, but it also makes it unpredictable can cause a lot of damage because nobody is prepared for it.
I find it hard to discuss stupidity and evil without mentioning Donald Trump, who is well endowed in both. Both his malice and his stupidity have done a lot of damage, but there have also been times when his malice was thwarted by his stupidity.
- oceanplexian 3y agoI mean, if stupidity is what it takes to get the economy back into the state it was in 2019, I’m all for it. Especially in matters of economics, the most dangerous people seem to be the most educated. They can’t leave it alone and perpetually try to refactor society for some non-economic purpose. When you finally get “an idiot” who removes the boot of the government, unsurprisingly (to everyone except the economists), the result is economic growth.
- mcv 3y agoBriefly. And then the economy crashes. The longest periods of sustained economic growth happened because of regulation and government investment. Deregulation and lack of investment have lead to economic crashes every couple of years. The boom-bust cycle might be fun for investors who see it coming, but not for the people losing their homes.