(kinda) A great website to share if you have no idea how to explain the downfall of the US economy.

Edit: Thanks to everyone who provided insight on this website. I’ve had this in my bookmarks for a very long time and was curious how it held up.

  • oo1@kbin.social
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    6 months ago

    I dunno i read all those graphs and think.
    Well there was a lot of banking deregulation from 1971 onwards?
    Let’s give that bank regulation idea another shot maybe - it can’t do worse.

    . . .but then i also think - good on china for that one child policy.

    I’m just not getting anywhere near the Hayeck conclusion from the same data.

    • Prunebutt@slrpnk.net
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      6 months ago

      The take that the homepage is trying to sell you, hinted at by the Hayek quote.

      This homepage is usually posted by right wing libertarians.

      • oo1@kbin.social
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        6 months ago

        Wow, they’re dumber than I thought if they think this makes their point.

        Although then again, their general ideals have swayed the more mainstream of many large western governments and international financial institutions for 40-50 years.
        So there must be something to this tactic of making a hotch-potch of random graphs.

        • orrk@lemmy.world
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          6 months ago

          because the average statistical literacy is somewhere below the ability to point out Kirghistan?