"I don't believe we shall ever have a good money again before we take the thing out of the hands of government, that is, we can't take it violently out of the hands of government, all we can do is by some sly roundabout way introduce something that they can't stop." - F.A. Hayek 1984

(kinda) A great website to share if you have no idea how to explain the downfall of the US economy.

Edit: Thanks to everyone who provided insight on this website. I’ve had this in my bookmarks for a very long time and was curious how it held up.

  • callouscomic@lemm.eeEnglish
    17·
    7 months ago

    The divergence of productivity and wages coincides with a lot of things, like the rise of the service industry, and tons of deregulation and lower taxes over those decades.