Sunday 19 August 2018

Adam Smith, We Have a Problem


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There are  a number of things I do not understand about what Hudson is telling us, but the survey of his life is highly interesting.

Sadly, I cannot help concurring with him that economics as taught at universities is disconnected from reality, except that it the minds of teachers and students to become preconceived, believing in the ruling economic paradigm.

So I became aware of the fact that academic economics is very fictitious. It has nothing to do about the real world. It was really a parallel universe theory ...

The source.




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