tag:blogger.com,1999:blog-2761684730989137546.post6348987318872459824..comments2024-03-28T04:13:36.779-04:00Comments on Mike Norman Economics: Mariana Mazzucato — Yes, Government Creates Wealthmike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2761684730989137546.post-65636202023966646812018-09-21T06:25:58.386-04:002018-09-21T06:25:58.386-04:00Is she actually getting anywhere with all this Ent...Is she actually getting anywhere with all this Entrepreneurial State schtick?<br /><br />Seems like she is just saying the same thing over and over and over.....Matt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-38908102823108145872018-09-21T03:47:38.948-04:002018-09-21T03:47:38.948-04:00I'd argue that that a huge chunk, if not most,...I'd argue that that a huge chunk, if not most, of our wealth has been created by govt. Virtually every bit of technology that makes modern life more comfortable and productive than in the past has it's genesis in govt.. sure 20 kinds of toothpaste is nice, but it's not even close to the same order of magnitude as computers, the internet, infrastructure or modern medicine are.. but maybe I have a different definition of wealth than the economists.Joehttps://www.blogger.com/profile/15197727918414570446noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-47515620772092923452018-09-21T00:05:57.448-04:002018-09-21T00:05:57.448-04:00Thanks for highlighting that. I left a cuastic com...Thanks for highlighting that. I left a cuastic comment:<br /><br />"“Economics has never accepted the idea that the public sector creates wealth.” So economists are unaware that maintaining law and order has value, or that government owned natural monopolies like roads create wealth? Come off it."Ralph Musgravehttps://www.blogger.com/profile/09443857766263185665noreply@blogger.com