• "only some people, it seems, must adjust to a permanently lower standard of living; unfortunately, those people happen to be most people"
  • policies are designed to protect the elite from market discipline ("nanny state" protects investments, wealth)
  • bubbles (and their fallout) are created by devaluing investment risk
  • casino economy
  • advertising creates uninformed consumers who will make irrational choices -- delusion and manipulation
    • in a functioning market economy, ads would educate
sep 16 2019 ∞
sep 16 2019 +