Sunday, May 18, 2014

Epilogue

What frustrated me most about wheelan's discussion on the state of the economy in 2050 is that he answered questions with different questions. Is that indicative of poor condition we are in? Specifically his question "do we really have monetary fiscal policy figured out?" illuminated the fact that there is many portions of the economy we haven't figured out yet and could possibly never be
figured out. Additionally it is hard to answer any of the questions he proposed because who knows the United States might not exist in 2050. What if all this work that has compiled becomes irrelevant just as policies from a hundred years ago are irrelevant to us today?  Personally I think we should just revert to a hunter-gatherer lifestyle.

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