Re: To libertarians / Rand clones
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I interpret labor, technology, and capital to be inputs that lead to economic output. All three terms are described in the aggregate. And in an depression era when all three come together to produce very little, and suddenly, almost overnight, all three come together to produce a lot, oh nevermind it was just America naturally going through the business cycle, had nothing to do with any war.
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Same fallacious argument -- just because more was produced and more people were employed does not mean that the economy had improved. I think we have successfully proved that in the preceeding posts.
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