And the World is 4000 Years Old Too

http://feedproxy.google.com/~r/CoyoteBlog/~3/u9r6cmaHh_4/and-the-world-is-4000-years-old-too.html

There is a lot about economics we still do not understand, but one thing we are pretty certain about is that shifting labor and investment from productive to unproductive activities destroys wealth and reduces economic growth.  Of course, since much of the press is at least as ignorant on economic fundamentals, they just nod sagely.