Misses the JG as a key (arguably the key) automatic stabilizer.
There seems to be a lack of ability to fully grasp the nature of the contemporary economic/financial system. So the analysis remains partial; therefore, solutions are inadequate. What Dillow does importantly notice is that the system is to some degree irrational.
Stumbling and MumblingBenefits for capitalists
Chris Dillow | Investors Chronicle
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