hudebnik: (Default)
[personal profile] hudebnik
This article on Medium points out that the 2008 economic collapse, and lots of other recent economic failures, result from people conducting rational behavior within ground rules that encourage such things, and suggests that the rules have changed in that direction because, since about 1940, public policy issues are debated against a criterion of "is this good for economic productivity?" rather than, as before 1940, "is this good for democracy and civic society?" Ironically, the latter criterion seems to often produce better long-term economic productivity.

I need to follow some of the links in the article to the real academic research.

Profile

hudebnik: (Default)
hudebnik

July 2017

S M T W T F S
      1
2345678
9101112131415
1617181920 2122
232425 26272829
3031     

Most Popular Tags

Style Credit

Expand Cut Tags

No cut tags
Page generated Jul. 28th, 2017 06:55 am
Powered by Dreamwidth Studios