Comment: Every debate around economics in the mainstream is a moot point

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Every debate around economics in the mainstream is a moot point

3 things are going to implode the economy in the short term.

- Rapidly Ageing population / pensions outlays

- Rapidly increasing automation/ robotics

- Interest payments on the debt

Both Austrian and Neo-Keynesian school fail the basic test of viability in the face of these incredible problems.

Tools of war are not always obvious. The worst weapon is an idea planted in the mind of man. Prejudices can kill, suspicion can destroy, and a thoughtless, frightened search for a scapegoat has an everlasting fallout all of its own.