[ACCEPT] [DECLINE] [DELAY]

Faith within reason

When one is honest about it, macro economics is a giant bundle of lies, confusion, and nonsense. It only works so well because the complexity and scale prevent any one person from seeing through all the horseshit, and therein lies the necessary “trust” that keeps everything rolling.

via

   1. Humans are erratic.
   2. Computers are pedantic.
   3. Database software seems almost universally designed to inflict #2 on #1.

Wisconsin’s greatest governor, Robert M. La Follette, declared: “We have long rested comfortably in this country upon the assumption that because our form of government was democratic, it was therefore automatically producing democratic results. Now, there is nothing mysteriously potent about the forms and names of democratic institutions that should make them self-operative. Tyranny and oppression are just as possible under democratic forms as under any other. We are slow to realize that democracy is a life; and involves continual struggle. It is only as those of every generation who love democracy resist with all their might the encroachments of its enemies that the ideals of representative government can even be nearly approximated.”