Thursday 28 May 2009
If people or banks “create” money, we may (like Faust in Goethe’s play) think that we have made something entirely new — but this is an illusion. Creatio ex nihilo – creating something out of nothing — is divine. And when humans act and think as if we were gods who can create endless prosperity that is not based in the “real economy” of things and energy created by God, sooner or later that illusion will crash to the ground like Icarus. Elizabeth Palmberg and Bob Goudzwaard ☀
