Quote of the Day

The Point of Economics as a Discipline Is to Create a Language and Methodology for Governing That Hides Political Assumptions from the Public.

Matt Stoller

Mainstream economics, whether Freshwater or Saltwater, as Paul Krugman divides the discipline,* is constructed primarily to provide an intellectual gloss to the oligarchy.

Read the whole article.

*And I am using the term “discipline” VERY loosely.

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