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POPSFive fundamental errors in economics Modern economics is nothing more than “Social Darwinism” (the politics — NOT the science) as first revealed by God to the Dominican Friar St. Thomas Aquinas 750 years ago, and then perfected by the Physiocrats 230 years ago. Unfortunately, God didn’t bother to reveal the Laws of Thermodynamics to St. Thomas at the same time as he was doing “free markets”. But then it’s not too surprising considering the fact that God also neglected to mention that the Earth orbited the Sun.
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