News for hackers. Stuff that matters.
Re:Economics Needs a Post-Crash Revolution by pas on Sunday October 27, 2019 @11:01AM (#21370128)
Cycles arise in any complex/dynamic system. It's natural. Managing it should be natural too. Applying dampening on the amplitudes would help. That's basically the mandate of central banks.

Growth is the consequence of population growth and technological progress and the process of specialization (comparative advantages). All three are in pretty much full force, so it's not just growth because greed.

There are no comments on this comment yet.