An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
"A lot of people who advocate for BIG think that our current system has a lot of pointless jobs, and BIG would be away to allow those people to pursue something more creative."I've heard this argument many times. It is flawed. Since there are taxes behind fiat It is cohersive. I cannot possibly see any argument supporting the one he makes in this case. Some people are forced to pay taxes and do whatever government demands to obtain the money so others can be creative and do whatever they please or see fit? How can this be morally justified? Or it doesn't need to be?
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