Keeper Keynes quote.
The reference is "Economic Possibilities for our Grandchildren," Section II, in John Maynard Keynes, Essays in Persuasion, New York: W. W. Norton & Co., 1963, pp. 358-373.
Lars P. Syll’s Blog
Money in perspective
Lars P. Syll | Professor, Malmo University
See also
Ideological through and through, because economics is joined at the hip with political economy, and, in fact, used to be called political economy. Political economic is, of course, joined at the hip with politics and politics is about power, hence, class structure and power. This implies that policy is an area that is deeply ideological and value-laden, and political economy informs and influences policy. Ergo, politics and and the disagreements over politics are largely values-based, hence ideological.
"It's the assumptions, stupid." And the assumptions are based on normative presumptions.
So much for value-free economics
The reference is "Economic Possibilities for our Grandchildren," Section II, in John Maynard Keynes, Essays in Persuasion, New York: W. W. Norton & Co., 1963, pp. 358-373.
Lars P. Syll’s Blog
Money in perspective
Lars P. Syll | Professor, Malmo University
See also
Ideological through and through, because economics is joined at the hip with political economy, and, in fact, used to be called political economy. Political economic is, of course, joined at the hip with politics and politics is about power, hence, class structure and power. This implies that policy is an area that is deeply ideological and value-laden, and political economy informs and influences policy. Ergo, politics and and the disagreements over politics are largely values-based, hence ideological.
"It's the assumptions, stupid." And the assumptions are based on normative presumptions.
So much for value-free economics
1 comment:
#DeleteEconomics
The moralizing economist is not a good guy but a fake scientist
https://axecorg.blogspot.com/2017/08/the-moralizing-economist-is-not-good.html
How Keynes got macro wrong and Allais got it right
https://axecorg.blogspot.de/2016/09/how-keynes-got-macro-wrong-and-allais.html
Lars Syll, fake scientist
http://axecorg.blogspot.com/2018/01/lars-syll-fake-scientist.html
For details of the big picture see cross-references The Representative Economist
http://axecorg.blogspot.com/2017/12/the-representative-economist-cross.html
and cross-references Failed/Fake Scientists
http://axecorg.blogspot.com/2015/11/failedfake-scientists-cross-references.html
and cross-references Political Economics/Stupidity/Corruption
http://axecorg.blogspot.com/2015/11/political-economics-cross-references.html
Egmont Kakarot-Handtke
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