Imagine for a moment two societies living side by side. One has discovered and uses the wheel effectively -- a technology that makes life easier for workers and boosts the economy for everyone. Prosperity reigns. The society next door is well aware of the wheel and watches as its neighbours move inexorably ahead -- wealthier, more efficient, healthier and with more leisure time for cultural activities. But it is not those who do the work in this society who reject the wheel -- it is the governing elite, the priests, the official advisers and scribes who have incorporated a moral objection to the wheel into the state religion. Use of the wheel is thus proscribed by faith, not reason. All practical arguments in its favour are rendered useless.
A surprisingly strong report just released by the prestigious OECD may cause the public to regard neoliberal snakeoil salesmen peddling a trickle-down scam more skeptically in the future.