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Great discussion, but recall that Schumpeter wrote that Capitalists would conspire to kill off the authentic entrepreneurs. Banks control the disruptions to maintain the illusion of progress, and to keep the great growth Ponzi scheme going. SERFS UP!!!!!

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Greg Daneke, Emeritus Prof.
Greg Daneke, Emeritus Prof.

Written by Greg Daneke, Emeritus Prof.

Top Economics Writer, Gov. service, corp consulting, & faculty posts (e.g., Mich., Stanford, British Columbia). Piles of scholarly pubs & occasional diatribes.

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