Moore's Economic Myths (Jobless Aid is a Handout) Go Viral

NEW YORK (TheStreet) -- On Monday, Heidi Moore of The Guardian wrote a piece about economic myths, and asked her Twitter followers to cite other widely-accepted notions about business and human activity that under proper scrutiny prove to be far from accurate.

What resulted was an 18-hour performance art piece worthy of Jenny Holzer. Here are some of our favorites courtesy of Storify:

  • The U.S. has the highest corporate tax rate in the world
  • Unions hurt non-union workers
  • Home ownership is good for everyone
  • Stock options make top-level executives work harder
  • Throwing more money at the wealthy will make them create jobs
  • Helping the poor, unemployed actually hurts them in the long run
Here's the full  screed as collected by The Guardian.

--By Leon Lazaroff in New York

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