5 thoughts on “The Macrosaurus a True Economic Boner”
"There may ultimately be a need to revisit the issue of the redistribution of wealth as big companies harness capital, technology, and data to grow rich—but in so doing, benefit comparatively few investors and employees, while displacing many."
May be a need? Ultimately? Are you kidding me? Only if "ultimately" means when the peasants are storming the castle.
Economic policymaking will therefore devolve from central governments to state and local governments, which are not only closer to the issues and the solutions that workers, companies, investors, and citizens require, but are better equipped to work with the local private sector in real time to solve those issues.
Aha!
Economics is so closely tied to modern politics, that even if someone honed in on the perfect set of formulae for calculating wealth, income distribution, unemployment, trade deficits, government debt or whatever – and we could immediately throw out all the other fevered little calculi – if the politicians didn't like the answers they gave, they'd simply pay to have new formulae created.
![Macrosaurus_zpsc9a414f8[1]](http://wonkville.net/wp-content/uploads/2015/07/Macrosaurus_zpsc9a414f81-720x961.gif)
"There may ultimately be a need to revisit the issue of the redistribution of wealth as big companies harness capital, technology, and data to grow rich—but in so doing, benefit comparatively few investors and employees, while displacing many."
May be a need? Ultimately? Are you kidding me? Only if "ultimately" means when the peasants are storming the castle.
It must be comfortable and pleasant, gazing out at the real world from his office window at Foreign Policy magazine.
Knit one, purl two, knit one, purl two.
Economic policymaking will therefore devolve from central governments to state and local governments, which are not only closer to the issues and the solutions that workers, companies, investors, and citizens require, but are better equipped to work with the local private sector in real time to solve those issues.
Aha!
Economics is so closely tied to modern politics, that even if someone honed in on the perfect set of formulae for calculating wealth, income distribution, unemployment, trade deficits, government debt or whatever – and we could immediately throw out all the other fevered little calculi – if the politicians didn't like the answers they gave, they'd simply pay to have new formulae created.