The idea that we will be poorer in the long term because we did not increase employment during a cyclical economic downturn contradicts the mainstream assumption that an economic downturn represents a departure from a growth track, but if we allow market forces to function, they will return us to that growth track.


I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.