Exactly this
Posted on: April 2, 2025 at 18:43:08 CT
FootballRefugee
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It's been a half truth in economics instruction for eons. Even Friedman fell for it (a long with universal basic income, which has also been disproven in practice/pilot studies).
Basically, when enough money gets involved people's bad tendencies easily push things beyond the previously contemplated theoretical norms and intervention becomes necessary.