Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?

To: Lane3 who wrote (15596)	4/19/2017 5:00:09 PM
From: koan	Read Replies (2) \| Respond to of 364776

Where do you get these ideas that modern economics tells us that it won't fly? Economics is nothing more than a tool used by a society and it needs to be regulated by a society. Where do you see a conflict between modern social science and economics? And what do you think if my approach? Joseph Stiglitz is the most referenced economist in the world and Krugman is the fifth most referenced, and both are Nobel prize winners, and they both agree that we need to overhaul our society with modern social science. In fact Joseph Stiglitz just wrote the definitive book on income inequality and the destruction it does to society. The great John Kenneth Galbraith wrote the definitive book on the Great Depression and blamed it on the Republicans use of pyramid schemes. And the super great John Maynard Keynes who ran with and was compared to Einsteiin and Bertrand Russell for intelligence: "Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone. John Maynard Keynes Good, Greatest, Men Read more at: brainyquote.com <<Message #15596 from Lane3 at 4/19/2017 4:50:28 PM We need to understand we need to use modern social science to build a better society. So, what is the role for economics in your world. None, I suppose, since economics tells us loudly and clearly that your approach won't fly, at least not for very long.