famous economist defends exploitation

Ian Murray seamus2001 at home.com
Fri May 4 16:13:45 PDT 2001



>
> I agree that the thread title does have a certain flavour of
> "Famous Bear Shits in Woods", but the actual job of genuine
> economists is the high-level planning and discussion of the
> optimisation of the process of production, a useful thing which
> would be needed in any society not based on household
> production. In so far as economics is a science, it really has
> in punditising on the best use for the surplus produced. When
> the likes of Mankiw start trotting out this kind of stuff, they
> are committing a professional crime as well as a moral one.
>
> Obviously the fucking Nobel Committee doesn't agree with me
> 100% on this one. Bastards.
>
> dd
======== Mmmmmmmmm and we wonder why the planet doesn't understand their investment schemes to push the boundary of the production possibility frontier.

Ian


> =====
> ... in countries which do not enjoy Mediterranean sunshine idleness is more
difficult, and a great public propaganda will be required to inaugurate it. -- Bertrand Russell
>
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