There Is No Such Thing

Low Inflation And Government Prudence May Be Harmful For Economic Development.

The Best Way To Boost The Economy Is To Redistribute Wealth Downward, As Poorer People Tend To Spend A Higher Proportion Of Their Income.

The Higher Education System In These Countries (us, Korea Etc) Has Become Like A Theatre In Which Some People Decided To Stand To Get A Better View, Promoting The Others Behind Them To Stand. Once Enough People Stand, Everyone Has To Stand, Which Means No One Is Getting A Better View, While Everyone Has Become More Uncomfortable.

The Widely Accepted Assertion That, Only If You Let Markets Be Will Everyone Be Paid Correctly And Thus Fairly, According To His Worth, Is A Myth. Only When We Part With This Myth And Grasp The Political Nature Of The Market And The Collective Nature Of Individual Productivity Will We Be Able To Build A More Just Society In Which Historical Legacies And Collective Actions, And Not Just Individual Talents And Efforts, Are Properly Taken Into Account In Deciding How To Reward People.

The Danger Is Not Only That These Austerity Measures Are Killing The European Economies But Also That They Threaten The Very Legitimacy Of European Democracies - Not Just Directly By Threatening The Livelihoods Of So Many People And Pushing The Economy Into A Downward Spiral, But Also Indirectly By Undermining The Legitimacy Of The Political System Through This Backdoor Rewriting Of The Social Contract.