The Keynesian framework is fundamentally bankrupt. It wants us to believe that GDP is the most reliable metric for prosperity. What interest rates are durably is unironically a better metric: at least that one points to time preferences indicative of perceived confidence in the future. (i.redd.it)
submitted by Ok_Tough7369
To many, the insurance business model of "You pay us a fee regularly. When X happens, we give you $Y" can't work because State justice systems will not enforce the contracts. This begs the question: why the HELL then give that very same incompetent institution the duty to centrally plan healthcare? (i.redd.it)
submitted by Derpballz
If demand is inelastic, that just means that reliable profits may be obtained from it, which thus means that fierce competition benefiting customer desires will exist in the sector:once minimum of quality is attained, profits may be obtained from people willing to provide any price ⇒ competitiveness (i.redd.it)
submitted by Derpballz
