Interesting thanks for sharing. The weak point that i see is all the intervention required and the assumption that a central planner knows best. In practice governments don’t reduce spending even when their philosophy says to. Are there any examples of where this had been put into practice?
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You're making a number of different points in just that reply, and so it's difficult to respond. You talk about intervention, as if there is an obvious non-interventionist or less-interventionist alternative. And you also imply that governments should spend less. I'm not sure how to respond; very many different points have been made by both of us in this thread