Recently some government functionary told angry teen Greta that before she scolds Americans on what she believes we should be doing to "fix" AGCC (climate change), she needs to go study economics.
Well, sure... that might be helpful... unless she studies economics at a college or university where she'll be cheated out of learning economics, but will instead be trained in Keynesian "economics"; fake economics.
Fake credentials-- like degrees in Keynesian "economics" and "political science" [sic]-- are a big problem which seems to be getting bigger with time. It wouldn't be such a problem if people weren't trained to see credentials as automatically valid and "authoritative", even when they are in phony courses.
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Writing to promote liberty is my job.
YOU get to decide if I get paid.
I hope I add something you find valuable enough to support.
Writing to promote liberty is my job.
YOU get to decide if I get paid.
I hope I add something you find valuable enough to support.
Two excellent takes on two different points. With regard to Keynesian ‘economics’ (sic), I have always used Bastiat’s definition from the opening of the famous essay “That Which Is Seen and That Which Is Not Seen” as the valid definition of who is, not only a good economist but an economist at all. Keynes is not, but only a State enabler and apologist. The second point is also extremely important. Credentials are no indicator of either a level of knowledge or of expertise in a field of study. They indicate nothing more than the approval of the official dispenser and awarder and if that entity is bogus or sloppy then their approval is meaningless as well. In the current age it essentially means no more than that the holder has paid for the credential; and most probably with money that wasn’t theirs or with debt that they can’t or won’t repay.
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