There's kind of a weird double-think involved in arguments that the slump should be allowed to follow its natural course. It's true that classical economics says that we should let market forces do their work; but classical economics also says that severe recessions can't happen. This idea that we must not intervene is based on a worldview that is refuted by the very fact that the economy is in the mess it's in.
Unsupervised Learning: No. 89 - This is Episode No. 89 of Unsupervised Learning—a weekly show where I curate 3-5 hours of reading in infosec, technology, and humans into a 15 to 30 minu...
49 minutes ago