economist

Isms Are Dangerous

September 15, 2018

veryone uses labels. Most even label themselves. The problem is that almost no one can define those labels correctly. Some, not all, but some economists can correctly define those common words. I have yet to find a political scientist that can accomplish that task.

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I Know Nothing

November 21, 2011

There are some things that everyone knows but many refuse to admit. Then there are the cretins that have a critical gene missing that would allow them to absorb truth. Fox doesn’t just make the occasional error. Their coverage on every subject, even those that might be considered non-political, is riddled with what might be […]

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Give Me Your Money

June 14, 2010

I promise not to make you wealthy. How many people are willing to tell you that? The subject is stupidity. So, let’s get started with a couple of quotations. It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who […]

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Supply and Demand BS

September 4, 2008

Back in the 1770s, Adam Smith came up with a catchy phrase: the ‘Invisible Hand.’ It made sense, at least in some esoteric, theoretical world. The problem with catchy phrases is that those without any real understanding of the subject latch on to them. To demonstrate their ‘with-itness’ they drop the phrase a few times […]

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