Compared to 50 years ago, 1) our air and waterways are much cleaner; 2) cars are much safer, 3) the advances in medicine have improved lifetimes and quality of life, 4) room sized computers now are hand held, 5) advances in telecommunications have made long distance calls crystal clear and very affordable, 6) cell phones are now in everyone’s hands, and……
Yes we have problems but every time period has had problems. The question is how do we put our heads together to develop creative solutions.
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“There is no such thing as a normal period of history. Normality is a fiction of economic textbooks.”
— Joan Robinson, “Contributions to Modern Economics” (1978)
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