Posted To Mish Shedlock’s Blog 03/04/2017

One wouldn’t expect the obvious answer to an inherent scarcity of demand and hence the inability to sustain financial products like pensions, i.e. a universal dividend, to be comprehended by the ethically challenged mind that places “”””economic law”””” above concepts like justice, compassion or even pragmatism.

Dunces. Almost the entire lot of economists and their pundits is a blithering confederacy of ethical dunces.

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