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[return to "Can a Country Be Too Rich? Norway Is Finding Out"]
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1. bparso+Y9[view] [source] 2025-07-29 14:24:33
>>obscur+(OP)
Great example of a golden rule of media commentary; all economic news is bad news.

Low unemployment? That's a labour shortage.

High GDP growth? The economy is overheating.

High rates of foreign investment? We are losing control of our economy.

Country experiencing historic levels of prosperity? Wealth is making everyone lazy, fat and unproductive.

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2. 317070+Yd[view] [source] 2025-07-29 14:40:43
>>bparso+Y9
I had never realised that. Is there an eponymous law about this? (Or some other kind of reference?)

Should I call it Parson's law?

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3. Workac+zj[view] [source] 2025-07-29 15:10:23
>>317070+Yd
It's just that economies are systems with feedback loops that exist on islands of stability. Like a ball on top of a hill.

Its the same thing for your car; any news is bad news, because your car operating as normal is not news, and anything that happens will move your car away from that optimal spot - it's bad news.

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