Swiss Economicblogs.org
Written by Jeff Nielson (CLICK FOR ORIGINAL) Much of what is known as “economic theory” is gibberish. It is propaganda, implanted into the minds of academics for one reason: to preserve the status quo of always favoring the (very) wealthy over all other members of the population. The facets of economic doctrine which are valid, are valid because they do little more than express principles of simple arithmetic and common sense. “Supply and demand” is just simple arithmetic and common...
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