[T]he current U.S. economic system... is incapable of providing a satisfactory life to... 44% of the population. ...[I]s that good enough for a $20 t… - John Komlos

Friedrich Hayek made a tremendous mistake in arguing that The Road to Serfdom leads through tyrannical governments... because there are multiple roads to serfdom... [A]nother... leads through the tyranny of oligarchs.

[M]uch work remains to be done before we have even a complete of Europe and America. ...The contributions to this volume testify to the fact that much has already been accomplished. ...It is important that the research continue, inasmuch as it promises to illuminate a large number of problems.

The character is formed during the first few years of life, and the corporations have an impact on the way we think... so ... is not realistic, because producers spend an incredible amount of money in order to condition children and youth to drink Coca-Cola, to depend on the iPhone, to go to hamburger joints, to McDonald's... So adult economics, forget it! You've got to start the analysis with children, and that means that tastes are endogenous [determined within the economic system! ...The assumption of exogenous tastes is toxic.]