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Richard Stallman's Political Notes

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National monuments

vendredi 25 août 2017 à 02:00

Saboteurs in the US have presented supposed reasons for "reviewing" US national monuments. They are bogus.

The economic analysis makes the frequent economic error of measuring the "health of the economy" by totals, or equivalenty per-capita figures. This is a fallacy because it disregards the harm done by inequality. If one billionaire gains a million dollars, and 9000 minimum-wage workers lose 100 each, the total increases by 100 thousand but the net effect is more suffering.

However, the article's point is valid nonetheless.