Comment on WTF Happened In 1971?
oo1@kbin.social 5 months agoI dunno i read all those graphs and think.
Well there was a lot of banking deregulation from 1971 onwards?
Let's give that bank regulation idea another shot maybe - it can't do worse.
. . .but then i also think - good on china for that one child policy.
I'm just not getting anywhere near the Hayeck conclusion from the same data.
Prunebutt@slrpnk.net 5 months ago
The take that the homepage is trying to sell you, hinted at by the Hayek quote.
This homepage is usually posted by right wing libertarians.
tburkhol@lemmy.world 5 months ago
The US Libertarian Party was founded in 1971. Not saying there’s a causative link…
oo1@kbin.social 5 months ago
Wow, they're dumber than I thought if they think this makes their point.
Although then again, their general ideals have swayed the more mainstream of many large western governments and international financial institutions for 40-50 years.
So there must be something to this tactic of making a hotch-potch of random graphs.
orrk@lemmy.world 5 months ago
because the average statistical literacy is somewhere below the ability to point out Kirghistan?