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This is what I've been arguing.
If you are destroying value you are not re-coordinating the economy. You are simply destroying value.
And the destruction of value has it's own dis-coordination effects.
Posted by: Greg Ransom | December 20, 2011 at 04:20 PM
Well that's just because it should have been larger! sigh.
Posted by: John Papola | December 22, 2011 at 04:36 PM
Quite agree with John
Posted by: Teresa | January 10, 2012 at 08:54 AM