I am finding the author to be even more of a kindred spirit than I originally thought. I also started working for wages at about age 12. I also skipped the economic courses. I don't think that was much of a loss. though. Depending on your school, it was already economic indoctrination by the early 1960s. I will pick up the suggested read…
I am finding the author to be even more of a kindred spirit than I originally thought. I also started working for wages at about age 12. I also skipped the economic courses. I don't think that was much of a loss. though. Depending on your school, it was already economic indoctrination by the early 1960s. I will pick up the suggested reading material; but, by the posting, I have already figured out most of this and have read a variety of other materials that lead to similar conclusions.
I'm a business major, took all the economics courses undergrad and graduate level. Even taught at the MBA level. BUT, I hesitate to state that one can understand it, as too many dynamics, some organic (naturally occurring) and some contrived (by governments, big business, etc..). So...IMO...the founders of America had it the most correct...allow citizens to have more freedom within a set of universal god-based laws, and see what happens...society thrived! Sometimes, the average citizen with their feet on the street have the best suggestions. In general, the more power that government extracts from citizens, the less better off the citizenry will be. So, you better brainwash the citizens...hence the propaganda.
As with all disciplines, there is always room for new (and sometimes, old) thoughts. I probably express it differently, but a lot of it is common sense and allowing the best to rise to the top. Once you start to model, you introduce all sorts of assumptions and potential biases. (That holds true for epidemics, global warming, "climate change" and the "hard" sciences as well.) My discipline was chemistry. One of my late-in-life interests is trading in the markets. Some theorists will tell you trades represent random walks in direction. Individual trades do; but just as in gases, a large group of random movements creates pressures for balloons, winds, and airplane flight (properly harnessed). I consider this activity a blend of my science and some economics, plus a lot of painful experience.
I am finding the author to be even more of a kindred spirit than I originally thought. I also started working for wages at about age 12. I also skipped the economic courses. I don't think that was much of a loss. though. Depending on your school, it was already economic indoctrination by the early 1960s. I will pick up the suggested reading material; but, by the posting, I have already figured out most of this and have read a variety of other materials that lead to similar conclusions.
Thanks!
I'm a business major, took all the economics courses undergrad and graduate level. Even taught at the MBA level. BUT, I hesitate to state that one can understand it, as too many dynamics, some organic (naturally occurring) and some contrived (by governments, big business, etc..). So...IMO...the founders of America had it the most correct...allow citizens to have more freedom within a set of universal god-based laws, and see what happens...society thrived! Sometimes, the average citizen with their feet on the street have the best suggestions. In general, the more power that government extracts from citizens, the less better off the citizenry will be. So, you better brainwash the citizens...hence the propaganda.
As with all disciplines, there is always room for new (and sometimes, old) thoughts. I probably express it differently, but a lot of it is common sense and allowing the best to rise to the top. Once you start to model, you introduce all sorts of assumptions and potential biases. (That holds true for epidemics, global warming, "climate change" and the "hard" sciences as well.) My discipline was chemistry. One of my late-in-life interests is trading in the markets. Some theorists will tell you trades represent random walks in direction. Individual trades do; but just as in gases, a large group of random movements creates pressures for balloons, winds, and airplane flight (properly harnessed). I consider this activity a blend of my science and some economics, plus a lot of painful experience.