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Jun 11, 2010


Benjamin Booth


The US today is dangerously economically illiterate. For whatever reason, profit has become synonymous w/greed and excess.

I like the idea of refocusing on the conversation back to the simple exchange of value for $ - something practically anyone should be able to understand.


Interesting reading on this subject in a small and easily digested volume: the classic Economics in One Lesson by Henry Hazlitt.

The goal of any society ought to be to maximize productivity, not maximize employment. Primitive societies have full employment but low productivity; industrial societies have higher productivity, and often misguided government policy leads to high unemployment.

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