11 November 2010

The Midas Touch

The Midas Touch is about the flaw in the financial system, that it is intrinsically not productive and ought not to be allowed to crowd out the productive sector. The fable is a way of measuring the proper allocation of property that could be allocated any which way. 
The Midas Touch addresses the question of distribution because distribution is a question of how to allocate unearned wealth. 

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