“Essentially, not only do we believe in this myth of 'de-risking', but it has become the one overriding goal; de-risking above growth, de-risking above innovation, de-risking above everything else. And we've reached the point where the Fed is using $70 Billion a month to 'de-risk' a largely insolvent banking system. And this can only end badly. The idea that you can do capitalism without risk is ridiculous on its face.” BelieveIdeasEndsFacesGoalGrowthCan DoRiskMonthsCapitalismInnovationMythBillionsRidiculousFedsBankingBanking System Author:Andreas Antonopoulos
“It is a myth that higher taxes lead to less demand and slower growth. In the first three decades after World War II, US top tax rates on the wealthy were never below 70 percent.” WorldFirstsWarThreeGrowthHigherDemandTaxesPercentRateMythDecadesWar Of The WorldsWealthyWorld War IiWorld War I Author:Robert Reich
“Every society clings to a myth by which it lives. Ours is the myth of economic growth...” GrowthEconomicMythConsumptionEconomic Growth Author:Tim Jackson
“Society must cease to look upon 'progress' as something desirable. 'Eternal Progress' is a nonsensical myth. What must be implemented is not a 'steadily expanding economy', but a zero growth economy, a stable economy. Economic growth is not only unnecessary but ruinous.” LooksGrowthEconomyProgressEconomicEternalMythCeaseLook UpZeroStableUnnecessaryDesirableExpandingEconomic GrowthNonsensical Author:Aleksandr Solzhenitsyn
“With apologies to the green movement, "sustainability" is a myth. History and archaeology show that societies are always moving to the edge of crisis, "falling forward" through growth, but then responding often successfully to the problems created. What we can hope for is that with a somewhat more controlled level of growth, and with longer-term preparations for change, we can keep responding to the inevitable smaller crises, as they arise, and continue to postpone until later and later the, perhaps ultimately inevitable, end of our civilization.” ProblemMovingFallGrowthCrisisMythPreparationInevitableSustainabilityApologyArchaeology Author:Arthur Demarest