http://dailyreckoning.com/prepare-for-hormegeddon/
Prepare For Hormegeddon
by Bill Bonner.
Posted Jul 20, 2015
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Finally, in 1943, two scientists published a journal article about this phenomenon and gave it a name: “hormesis.” It is what happens when a small dose of something produces a favorable result, but if you increase the dosage, the results are a disaster.
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Hormegeddon is my shorthand way of describing what happens when you have too much of a good thing in a public-policy context.
Economists describe the “too much of a good thing” phenomenon as “declining marginal utility.”
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Seems like our immoral, ineffective, and inefficient Gooferment has had a “declining marginal utility” for a century.
The question is how do we prune it back? Or hack it back!
Argh!
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Posted by reinkefj 







