[lbo-talk] What's the deal with conservatives, economists, and the minimum wage?

Wojtek Sokolowski sokol at jhu.edu
Thu Jan 18 10:25:43 PST 2007


Doug:

But it's also the idiot reflex of orthodox economics:

[WS:] Yup. I came to the conclusion long time ago that NEC economists are like catholic clergy - immune to any arguments other than their own dogma. Their main real world function seems to be that of a parrot in a salon - they are kept mainly for their ability to produce utterances that amuse and entertain visitors. Beyond that they have no use value whatsoever, especially in the area of their professed "competence" - business decision making. Debating these simpletons is like talking back to a parrot- an utter waste of time, and frustrating too.

Wojtek



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