Can you provide examples of companies or countries that have succ

The economic practices outlined in 'Arguing with Zombies' are largely based on Keynesian economics, which advocates for government intervention during economic downturns. Examples of countries that have successfully implemented these practices include the United States and the United Kingdom during the post-World War II era. Both countries used government spending to stimulate economic growth and reduce unemployment. Similarly, during the 2008 financial crisis, many countries including the United States, implemented Keynesian economic policies to stabilize their economies. However, it's important to note that the success of these practices can vary depending on a variety of factors, including the specific economic conditions and policy implementation.

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In the 1950s, those in the top income bracket faced a marginal tax rate of 91%, and taxes on corporate profits were nearly twice as large relative to national income as in recent years. In 1960, the top 0.01% of Americans paid an effective federal tax rate of 70%. Between 1920 and 1950, the real income of the wealthiest Americans fell sharply in absolute terms. Contrary to the "zombie idea," this period was marked by spectacular economic growth that was widely shared. There was a doubling of median income between 1947 to 1973 that has not been matched to date.

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Arguing with Zombies: Economics, Politics, and the Fight for a Better Future

“Zombie ideas” simply refuse to die despite mountains of evidence to disprove them. How do you fight them? Paul Krugman, Nobel Prize winner in Economi...

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