Economic models, Keynesian or otherwise, are attacked and misapplied because individual players are better off with a larger slice of a smaller pie. Which doesn’t inherently invalidate these models, but few care about accuracy when billions of dollars are involved. When people talk about say ‘cap and trade’ what they really mean is give us a giant subsidy.
As if going off the gold standard reduced wealth inequality. https://wtfhappenedin1971.com/
Just imagine how bad wealth inequality would get if you doubled everyone’s lifespan.
Absolutely. I guess I misread you? I thought you were blaming sound money for wealth inequality.
The number of people who drown in a pool strongly correlates with how many films Nicolas Cage has appeared in [0] but that doesn't make it a causation.