Contrary to basic economic common sense, most economists are cheerleaders for government and central banking. From Thomas DiLorenzo at mises.org:
This article is a version of a speech delivered at the 2024 Mises Institute Supporters Summit.
“Most economists are political apologists masquerading as economists,” wrote Doug Casey in one of his columns. “They prescribe the way they would like the world to work and tailor theories to help politicians demonstrate the virtue and necessity of their quest for power.”
Moreover, wrote Casey, “The field of economics has been turned into the handmaiden of government in order to give a scientific justification for things the government wants to do.” This of course is not a new development. Ludwig von Mises was calling the universities of his day “nurseries of socialism” but, thankfully, there is always a remnant of students who resist the statist brainwashing. The above quote about concocted “scientific” justifications for interventionism and socialism, by the way, sounds like a precise definition of Keynes’s General Theory.
Casey’s sound advice is that to be a good citizen one needs to “become your own economist.” Don’t rely on the state’s mouthpieces in the “media” or even academe for your economic knowledge. Educate yourself to some degree; it doesn’t take a university degree. Indeed, everything we do at the Mises Institute is geared toward helping anyone anywhere to become their own economist (preferably Austrian School and not Keynesian or Post Keynesian!) and avoid being bamboozled by the state and its court historian economists.
Stenographer boot lackey yes men like the presstitutes?
May they have a worse day. (s/)
A bud used to say that in HS and I would laugh.
No room for commie economy.
Lex Luthor Carville says it’s the comony stoopid?
Dank twist of words by Bartee… the shame of the Cajuns!
LMFAO!
Breaking from ULTRA (Kool Keith & Tim Dog):
The Industry is WACK (Instrumental)
Breaking:
Trump urges Grand Old Politburo Washington Generals (R) to hurry up with appointments and no new judges as the CPUSA (D) will try to place some poison pill comrades.
Washington Compost report of Putin/Trump call is debunked as fake news, congrats were at Voldai and no 404 talks or anything else just yet.
Maybe he [DJT] does have a military mind which is what we need, in fact all preezys should have served.
Love that photo lineup of Slick Willie in HS band gear and Bathhouse Barry (THE ONE!) in African garb while other preezys have uniforms on.