A complicated society running on stupid.
Had a conversation with a man who told me he "Loved Cars!" He was carrying an Automobile Magazine around. I asked him what a cam shaft was. He didn't know a cam shaft from a crank shaft.
I asked a PhD economist to explain how an automobile engine worked. He couldn't even start. But he drove a white SUV.
30 years beforethe Moon landing Lockheed engineers got the P-38 Lightning flying. It was the first US military plane to 400 mph.
Economists don't talk about planned obsolescence or the Depreciation of durable consumer goods. They don't mention that Adam Smith wrote "read, write and account" multiple times in Wealth of Nations.
"If you are going to tell a lie, tell a Big Lie." - First Rule of NAZInomics.