Episode 234: Errors We Repeat in Economics
Words & Numbers
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Why You Shouldn't Spend More Taxation
When the government spends money on war, it stimulates the economy. But it could stimulate the economy by spending money on anything else. The problem is it's hard to get elected saying something like that. And I remember even as boy, growing up, everybody I knew thought that World War II lifted us out of the Great Depression. That was just a truism.
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