4 thoughts on “From Crisis to Confidence: Macroeconomics after the Crash”

  1. Posted 15/08/2014 at 21:11 | Permalink

    Same old stuff. If land rent had been used as public revenue, instead of being privatised, we wouldn’t have amplified boom/bust cycles in the first place. Any economic slowdowns would have been automatically compensated by lower liabilities. That’s what happens when the value we create together is shared equally, and capital formation remains untaxed. Equilibrium. Very simple, no complicated explanations required.

  2. Posted 02/09/2014 at 00:31 | Permalink

    That’s right Benji you have solved all of the worlds economic problems with your unicorn of how economics work. Now all we have to do is implement your rule of land rent and all of our human faults just disappear.

  3. Posted 06/10/2014 at 15:06 | Permalink

    Hayek is absolute right – free market is better than government iron hand, but “We must understand that capitalism was created to deal with money, not with human beings”. Maxwell Vitor.
    The market competition that we are witnessing today is like an athletic race: some citizens, well fed and accessing health and education systems are far ahead; most of the others are left unjustly behind: the fair and decent minimum that can be done is to put them all on the same line of departure, giving equal opportunities at the beginning.

  4. Posted 06/10/2014 at 18:29 | Permalink

    Ronaldo,

    “the fair and decent minimum that can be done is to put them all on the same line of departure, giving equal opportunities at the beginning.”

    So we as a society of human beings need to do what God (whatever you believe in) could not. We as a society are suppose to make an “equal opportunity at the beginning”. How pretell are we to achieve this?

    How is society suppose to make “humans” equal in strength?
    How is society suppose to make “humans” equal in IQ/intelligence?
    How is society suppose to make “humans” equal in height?
    How is society suppose to make “humans” equal in looks?
    How is society suppose to make “humans” equal in etc.?

    Why does everyone use vague terminology for what they deem the world should function and then turn around and make everyone responsible for doing the work other than the people with the “ideas”?
    Why is it that everyone has such an “ideal society”, yet when we ask them on the details or how it works they use vague terms and attack the people asking questions as not being moral for not seeing the world as they see it?
    Why is it that everyone can see their unicorn of how society and economics works, yet when asked to prove this unicorn it is nowhere to be seen? Economic ideals of how humans should work is the same as believing in unicorns. Everyone has seen them but only in their imagination.

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