Wednesday, July 22, 2009

The idea of "economics"


The basic idea coming out of Washington says there is this thing called "the economy," you see. But what Bernanke and so forth are talking about is not the economy. What those persons deal with is a set of ideas -- these have been developed in academia over the years -- they are false ones -- they have been developed over a certain number of years by various persons including the set of persons called "economists."

Welcome to "Economics." But where is the real "Economics"?


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