[T]he economy should minimize suffering, while enhancing human dignity and self-worth. - John Komlos

[E]conomics ought to aspire to... a just society... in which compassion is as important as efficiency, if not more so.

Here is the , 2008... the assets of the Federal Reserve is under $1 trillion... and within weeks you have more than a doubling of the assets of the Federal Reserve, and then comes 2 and... 3 and by that time you're at $4 1/2 trillion... and then... comes the Covid crisis and we're up to $7 trillion. Now... that kind of a Capitalism is unsustainable. ...[N]o wonder that there is asset inflation as a consequence... and the stock market went through the roof.

[T]eachers of economics should admit... that while markets do well in some circumstances they only do so within an appropriate institutional framework and... in others... [they] often tip the stream of benefits toward a few insiders.