"Americans unbalanced these days almost as a matter of policy"

William S. Lear rael at zopyra.com
Wed Aug 4 07:52:21 PDT 1999


On Wednesday, August 4, 1999 at 10:18:04 (-0400) Doug Henwood writes:
>Carl Remick quoted:
>
>>Who came up with
>>this idiotic notion that there is something wrong with economic
>>security?
>
>Friedrich Hayek, an Austrian. Not all by himself, of course, but he
>was no small part of it.

I've been reading way too much about the roots of neoclassical economics lately for my own good, but this notion of the merit of a constant craving for material wealth goes back through the ages to Smith and beyond. The whole edifice of this ridiculous "science" is rotten to the core.

Bill



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