Thread: This Is Not A CraigsList Notice
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08-28-2012 08:58 AM #11
It's simple to understand if you listen to what they say, both Alan, and the writers of economic "theory" like he linked to. For what they say to be in anyway valid you have to NOT believe that money is based on the exchange of value between at least two trading partners. You have to believe that corporations don't do anything of value for the money (value) they acrue. You have to believe that the "wealthy" don't do anything of value for their fellow man that may be of greater value than those who may acrue the fruits of lesser value exchange. And you have to believe that the "elite thinkers" such as themselves and those politicians they support know better how to exchange value earned by others more effectively than the earners do themselves.
That article is loaded with opportunites to learn REAL economics as it occurs in the real world, most of which is the opposite from what was stated. But most folks don't have interest in such things and it's certainly not taught in primary education.Your Uncle Bob, Senior Geezer Curmudgeon
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