 chestnut501 says: Excellent article on how, among other things, economists treat energy as a commodity and ignore that it takes energy to produce the other commodities. This is what happens when our educational system gets taken over by people who devalue the subject of Science...not to mention common sense. Most economists seem to live in a world made up of various idealistic systems that have very little, if anything to do with the real world. Those that I've been exposed to definitely have no clue about how actual humans operate, whether as individuals or in groups. These same people seem to be unable to adjust their precious theories to actual outcomes, as well. If one definition of insanity is "doing the same thing over and over again, yet expecting different results", then economists are genuinely NUTZ, and should be institutionalized and ignored instead of lionized and valued as advisors. Most economic theories that I have read violate the laws of both common and uncommon sense, natural a... “Anyone who believes exponential growth can go on forever in a finite world, is either a madman or an economist.” ~Kenneth Boulding, Economics professor hj I've found place to watch it online in good quality - http://www.watch-all-movies-online.com/watch53901 They make you do a short survey but after that it's good to go. |
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