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Economic superstitions incompatible with reality, actually.

A society committed to the notion that government is always bad will have bad government. And it doesn't have to be that way. — Paul Krugman
by Carrie (migeru at eurotrib dot com) on Thu Mar 13th, 2014 at 06:15:57 AM EST
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Sure, but nothing stopping you having aims incompatible with reality.
by Colman (colman at eurotrib.com) on Thu Mar 13th, 2014 at 06:28:09 AM EST
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That's certainly part of the problem, but I fear that the original mantra considered that even that would eventually come out in the wash.
by afew (afew(a in a circle)eurotrib_dot_com) on Thu Mar 13th, 2014 at 06:46:52 AM EST
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Colman:
nothing stopping you having aims incompatible with reality.

They make reality, remember!

Wishful thinking'Confidence in the market' hushes all opposition.

Because growth.

'The history of public debt is full of irony. It rarely follows our ideas of order and justice.' Thomas Piketty

by melo (melometa4(at)gmail.com) on Sun Mar 23rd, 2014 at 08:29:24 AM EST
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