Tag Archives: incentive to serve

Understanding Monetary Policy

Because economists as a rule believe in the imaginary incentive to serve, they work on the basis that Federal Reserve Open Market Committee members are selflessly doing all they can to do what is right for the economy.  Because the … Continue reading

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The Imaginary Incentive to Serve

Self interest is the natural incentive that makes survival possible. Politics works on the belief that there is also an incentive to serve. The natural incentive to serve exists only in the imagination. Voters go to the poles believing that … Continue reading

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