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George Conrad Dick's avatar

Yet, despite the well known debunking, ever since I began studying for my BA in economics in 1973, through to my daughter earning the same degree last year there is only one macro economics book and theory offered at almost every university in the country - Keynesiam.

The economic illiteracy of Americans is what results in many, especially the young, adopting socialism as their worldview.

Given that both Keynes and Marx advocated government control of the economy, they are philosophical sisters.

If the Department of Education cannot be abolished, it's only mission should be to undertake the teaching of every high school student the falsity and failure of socialism and the beauty and success of capitalism.

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The Radical Individualist's avatar

Governments create money. Businesses create value. Never confuse the two.

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