Journalists average Salary is 39k a year , elites?
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Not all journalists are in the elite, but many of the elite are journalists. See the difference?
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The problem with a society run by anyone is that the elites don't bear the costs of the decisions they impose on other people.
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In different societies, elites have different amount of skin in the game. America used to be great in this respect, and it's still better than most places.
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"People living in a specific social system probably can not imagine the point of view of those who are not expecting anything from the system, plan to destroy it."
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Hey that's cool! Describes bitcoiners perfectly. We see that only the elite gain from the inflation and meddling that comes with the US dollar. As adoption continues, we will hit a tipping point where not enough people care about the old financial system and it'll go kput.
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Sounds like bad economists. Austrian economists don't believe (or model) that people make all their decisions based on money.
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Just Austrian Economists? Sounds weird... Humans are irrational creatures and make decisions based on feelings, not necessarily in terms of financial gains. I suggest reading Dan Arielys "Predictably Irrational" which illustrates many examples based on behavioral experiments.
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I'd be pretty damn happy to have a society run by
@ThomasSowell, tho. That's one economist I'll back to the hilt.Thanks. Twitter will use this to make your timeline better. UndoUndo
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Should be run by scientists
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By philosophers of course
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