General Discussion

was attempting to hitch his creative destruction theory to the larger boom and bust cycles that had been occurring in the 19th and 20th centuries. That would be largely tackled by Keynes, who advocated for the government to became the vehicle to restart economies after massive economic failures (the Great Depression was the worst of these cycles).

I think over doing government intervention has allowed the uber rich to never be removed from economic participation when they massively screw up. Without a natural removal process, bad actors just keep acting bad. Yea, I agree. There doesn't appear to be a moral compass within much of the business sector.

Everything changes. Without innovation (that's basically destroyed the printed media), we wouldn't be having this conversation. While I may miss someone like Mike Royko, if my paper carried his column, there are a lot more folks I can access via the internet that are just as thought provocative and engaging (and at a more frequent rate than once a week).