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It's a long lineage, going back at least to Schumpeter's warning that easy money would leave "part of the work of depressions undone" and Hayek's inveighing against the "creation of artificial demand".
Schumpeter declared that Any revival which is merely due to artificial stimulus leaves part of the work of depressions undone Hayek similarly decried any recovery led by the "creation of artificial demand".
If the proportion as determined by the voluntary decisions of individuals is distorted by the creation of artificial demand, it must mean that part of the available resources is again led into a wrong direction and a definite and lasting adjustment is again postponed.
Another problem, especially in Greece, is the creation of artificial demand for medical services.
Similar(56)
One idea under trial is the creation of artificial noses.
Chemistry also is concerned with the utilization of natural substances and the creation of artificial ones.
And is the creation of artificial life, even in this limited sense, a good thing?
"The environment there is already a floodplain, it is prone to flooding even without the creation of artificial lakes.
"The FCC should be encouraging abundance rather than increased profits through the creation of artificial scarcity, he said.
However, larger window size could cause creation of artificial interior cells.
Herein, we highlight a selection of recent successes in the creation of artificial metalloenzymes.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com