What are the ten most popular economic myths?

Miscellaneous General
9
  1. Economic prosperity is dependent upon consumer spending rather than capital accumulation
  2. Corporatism and laissez-faire are the same thing
  3. There exists absolute, quantifiable value in things
  4. The economy is a zero-sum game
  5. Government can create new resources out of thin air
  6. Private actors are motivated by greed; government actors are motivated by compassion
  7. Debt is useful to a nation’s economy
  8. Without government providing service X, service X would not exist
  9. Without bank bailouts, the economy would have collapsed
  10. Golden mean fallacy: a Keynesian economy is best because it will combine the advantages of a free and a totalitarian economy.