> Even after the austerity approach has been shown to be baseless in academia it continues to live in politics. Politicians nearly no ability to evaluate what they hear or read.
Unfortunately, politicians and the general public often inject philosophy and morality into their view of finances and Economics. Beyond austerity, another example is drug testing and work requirements for entitlements. This is particularly problematic if automation permanently reduces the demand for actual human labour.
Unfortunately, politicians and the general public often inject philosophy and morality into their view of finances and Economics. Beyond austerity, another example is drug testing and work requirements for entitlements. This is particularly problematic if automation permanently reduces the demand for actual human labour.