A Well-designed Welfare State Can Actually Encourage

95 Percent Of Economics Is Common Sense Made Complicated, And Even For The Remaining 5 Percent, The Essential Reasoning, If Not All The Technical Details, Can Be Explained In Plain Terms.

History Is On The Side Of The Regulators.

In Manufacturing, Where Mechanization And The Use Of Chemical Processes Are Much Easier, It Is Easier To Raise Productivity Than In Services. In Contrast, By Their Very Nature, Many Service Activities Are Inherently Impervious To Productivity Increase Without Diluting The Quality Of The Product.

A Well-designed Welfare State Can Actually Encourage People To Take Chances With Their Jobs And Be More, Not Less, Open To Changes.

The Higher Education System In These Countries (us, Korea Etc) Has Become Like A Theatre In Which Some People Decided To Stand To Get A Better View, Promoting The Others Behind Them To Stand. Once Enough People Stand, Everyone Has To Stand, Which Means No One Is Getting A Better View, While Everyone Has Become More Uncomfortable.