Sunday, 1 May 2011

Beyond greedy Finance and dogmatic Economics

1st of May: International Workers Day

Time to liberate people from the chains of greedy Finance and dogmatic Economics!

In other words:

a) to put finance again where it belongs, ie not at the center of the economy, but in an assisting role (where it once was, a service to the real economy)

b) for Economics to move past theories that have acquired dogmatic status and remake Economics a useful but less deterministic tools in understanding the economic behaviour of people and organisations.

2 comments:

  1. Which economic theories are you referring to as being dogmatic and should be changed?

    ReplyDelete
  2. Which? I am not going to write a book to reply. But for example, most of the economic theories applied at the Eurozone at present. Including the 2% inflation target. If you read enough of my blog post you will see more. Including Ricardo's comparative advabtage theory and many more.

    ReplyDelete

Note: only a member of this blog may post a comment.

Share/Bookmark