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3 Dangerous Economic Myths

“We’ve accepted three dangerous [economic] mythologies that prevent us from seeing what’s really happening, and pose false choices.” — Robert Reich

3 FALSE Economic Concepts

According to former Secretary of Labor Robert Reich, these are the three most dangerous economic myths:

  • False: The rich are job creators (True: consumers create demand for jobs)
  • False: The critical choice is between the free market or government (True: Government creates and enforces the free market)
  • False: We should worry about the size of government (True: We should worry about who government is for)

About The Author

JoAnn Chateau

JoAnn Chateau likes progressive politics and loves the canines. She writes fiction about an alpha Bichon named Chester, and his friends--with a dash of humor and a dab of poli-sci. JoAnn worked professionally in the Psychology and Information Science fields. Retired now, she enjoys the creative life.


  1. Jerry "Peacemaker"

    One of these days Robert Reich is going to reach a point and kick some serious ass.




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