Jobs are the means, not the ends in themselves

For today's excerpt for the day: 

Russ Roberts, from the Mercatus Center at George Mason University, and John Papola just released the sequel to their Keynes/Hayek economic rap video (yes, seriously).  

"You see slack in some sectors as a “general glut”

But some sectors are healthy, and some in a rut
So spending’s not free – that’s the heart of the matter
too much is wasted as cronies get fatter.

The economy’s not a car, there’s no engine to stall
no expert can fix it, there’s no “it” at all.
The economy’s us, we don’t need a mechanic
Put away the wrenches, the economy’s organic"

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