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re: On the obviousness of the Hunkydory benefits of stimulus spending
Posted on 5/20/14 at 7:44 am to Rex
Posted on 5/20/14 at 7:44 am to Rex
quote:
Hunkydoria is a primitive society where all vocations are labor- rather than asset-intensive, and where capital expenditures are included in the same rows and columns on simple papyrus graphs as operating expenses and items for immediate consumption, on a cash rather than accrual basis.
Why would someone work when there are no incentives to work?
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