An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Monday, February 18, 2013
Randy Wray — How To Teach Money: Presentation at UNAM
Link to Randy's slide presentation on framing and teaching money.
Here is one sentient man, presenting a rational, objective analysis. Trying to understand the truth, teach the truth and benefit the majority of mankind.
On the other side of the aisle.....whole industries of vested interest, with legions of drones, working their tired little asses off trying to mislead, obfuscate and plain downright lie. For what purpose? To maintain the advantaged social position of a tiny elite?
There is always a manufactured rationale put forward by the priesthood of the time to maintain the advantaged social position of a tiny elite for whom the priest work and by whom they are rewarded In fact, the chief priest get to join the tiny elite.
Monarchy was thus justified by the divine right of kings and aristocracy by noble birth in the great chain of being, whereas in the positivist chain of knowledge, scientists and technocrats are the new priesthood and they fashion pseudo-scientific and technocratic rationales such as the invisible hand instead of God and preach worship at the altar of money.
Here is one sentient man, presenting a rational, objective analysis. Trying to understand the truth, teach the truth and benefit the majority of mankind.
ReplyDeleteOn the other side of the aisle.....whole industries of vested interest, with legions of drones, working their tired little asses off trying to mislead, obfuscate and plain downright lie. For what purpose? To maintain the advantaged social position of a tiny elite?
It's a crazy upside down world.
There is always a manufactured rationale put forward by the priesthood of the time to maintain the advantaged social position of a tiny elite for whom the priest work and by whom they are rewarded In fact, the chief priest get to join the tiny elite.
ReplyDeleteMonarchy was thus justified by the divine right of kings and aristocracy by noble birth in the great chain of being, whereas in the positivist chain of knowledge, scientists and technocrats are the new priesthood and they fashion pseudo-scientific and technocratic rationales such as the invisible hand instead of God and preach worship at the altar of money.
Good one Tom... righteous...
ReplyDeleteRsp