When is time to be a contrarian?
When the consensus has been reached very quickly.
Jesus Arturo Devesa
When is time to be a contrarian?
When the consensus has been reached very quickly.
What is the most illusory thing?
The belief that you have something under control.
How to have the courage to subject an established practice to a proper scientific experiment?
Counting up outcomes.
How to experiment with society to get unpredictable results?
First, start dreaming up ways to “do the right thing”.
Second, tinker with bits of the private sector’s machinery that clearly you don’t understand how it operates.
Why is not possible to create spending without economic growth?
Because you can not consume what you don’t produce.
How to create inflation for the rich and deflation for the poor?
With pandemics and printing money.