An economist I respect

alice wellintown alicewellintown at gmail.com
Sun Jan 13 16:44:47 CST 2013


> The problem with economists in general is that they do not understand
> reality- global warming, the second law of thermodynamics, toxicology, peak
> oil, etc., which is to say, their initial assumptions are invalid. This is
> not the case with Ayres.

Global warning is something most grade school kids now understand. And
the rest of these are easy enough for any intelligent and educated
person to understand.  Therre is no real problem with economists. It's
difficult for economists to convince people who see everything through
a limited political lens that there isn't a problem with everything
and everybody else who won't limit their own view to what the limited
lens allows one to see.



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