What? Market forces have victims? Of course they do. Afterall, free-market enthusiasts love to quote Joseph Schumpeter about the inevitability of “creative destruction” — but they and their audiences invariably picture themselves as being the creative destroyers, not the creatively destroyed.
Well, guess what: Someone always ends up being the modern equivalent of a buggy-whip producer, and it might be you.
(Krugman, NYT Op-Ed 7/22/13)
Well, guess what: Someone always ends up being the modern equivalent of a buggy-whip producer, and it might be you.
(Krugman, NYT Op-Ed 7/22/13)
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