tag:blogger.com,1999:blog-2761684730989137546.post8760953063143278743..comments2024-03-29T02:19:19.866-04:00Comments on Mike Norman Economics: Indoctrinated by Econ 101 — John Warnermike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2761684730989137546.post-83440571202293634192019-06-24T17:42:38.028-04:002019-06-24T17:42:38.028-04:00Somehow the post ‘Econ 101: Economists flunk the i...Somehow the post ‘Econ 101: Economists flunk the intelligence test at the first hurdle’ vanished. See here<br />https://axecorg.blogspot.com/2019/06/econ-101-economists-flunk-intelligence.htmlAXEC / E.K-Hhttps://www.blogger.com/profile/10402274109039114416noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-80439705388411951342019-06-24T13:15:39.305-04:002019-06-24T13:15:39.305-04:00Economics texts and courses indoctrinate KEYNESIAN...Economics texts and courses indoctrinate KEYNESIAN concepts to the exclusion of all others. Keynesian analysis is based upon the non-existent problem of market failure and the need for fiat funny money emissions in the form of loans or government spending to cure "the problem". But "the problem" does not exist other than as the result of the prior fiat funny money emissions. And that creates very very serious problems. Bob Roddishttps://www.blogger.com/profile/17263804608074597937noreply@blogger.com