TheFockinFury on Nostr: To be clear here I majored in economics 15 years ago, with a focus on public property ...
To be clear here I majored in economics 15 years ago, with a focus on public property rights and international trade. And the only universal truth in economics is that there is no universal truth in economics. Sure, it’s easy to say that production cures all ails but the secret sauce is in how to incentivize production of the right stuff in the right places. A major role of government in an ideal sense is to cut through local comparative advantages and the misalignment of incentives that inevitably arises in a diffuse structure of governance. I fundamentally believe that there is a role for government, maybe even “big government,” however different it may look from what we see today.
Thanks for the recommendations, will listen. Should have known you were OP’s sibling 😂. So who’s the smartest one?
Published at
2023-10-03 17:17:18Event JSON
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