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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: Kenneth E. Phillipps who wrote (59581)	2/18/2009 11:25:24 PM
From: Little Joe	Read Replies (1) \| Respond to of 224752

Ken: I do not know what modern "economic science" means/ It will not be a science until it is able to predict outcomes which it decidedly cannot. It is a fraud. Any two trained physists in the world can predict mechanical activity and they will both get the same answer. Any competent doctor can diagnose a problem with his field of expertise. You can't find two economists who agree on anything and who can tell me anything useful. But this I do know the Greeks and the Romans and the Chinese and I am sure other cultures commented on the economics of their time, as well as the histories and cultures. Our foinding fathers and many well educated people of the time read these men some in the original Latin. (My wife must be one of the last people in America, who read cicero in Latin. They knew history and they knew the history of fiat money and in the recorded history of man, there is not a single fiat currency that has lasted. And you don't have to be a genius to figure that out. I bet if a democrat really thought about it they could figure it out. But we are led by ignorant uneducated people who think that if we don't get our stimulus 500,000,000 americans a month would lose their jobs. (And they say Sarah Pailin is dumb). They cannot grasp a simple fact human activity is very complex and incapable of rationale regulation. But there are time proven principles that have served mankind well over the years. Before you start trying to micro manage the economy you might see if we can elect a government that can balance a check book. I sometimes wonder why I respond to you, becuase I know that you wiill review your party talking points and give me some inane answer, but maybe hope does spring eternal. lj

To: Kenneth E. Phillipps who wrote (59581)	2/19/2009 12:20:00 PM
From: DizzyG	2 Recommendations Read Replies (1) \| Respond to of 224752

Wrong again, Kenneth... Modern economic study began with Keynes I hate to break it to you, but Adam Smith is the one credited as the father of modern economics: The Wealth of Nations, one of the earliest attempts to study the rise of industry and commercial development in Europe, was a precursor to the modern academic discipline of economics. In this and other works, Smith expounded how rational self-interest and competition can lead to economic prosperity and well-being. It also provided one of the best-known intellectual rationales for free trade and capitalism, greatly influencing the writings of later economists. Smith was ranked #30 in Michael H. Hart's list of the most influential figures in history,[69] and he is often cited as the father of modern economics.[70] en.wikipedia.org This is wrong as well: long after Jefferson. The "Wealth of Nations" was published in 1776. Ironically, that would make Jefferson about 33 years old (Thomas Jefferson was born April 13, 1743 and died on July 4, 1826.) Those economics classes that you allegedly took are really paying you dividends now, eh? You are ever the useful idiot. LOL! Diz-