Friday, April 26, 2013

A Brave Outspoken Sceptic Speaks

Ahmad Jitan reports HERE 
All the Words Pass the Margin”
 “I’ve taken an introductory course on economics. Sadly, the course didn’t instill an undying faith in the invisible hand of the free market, but nonetheless I learned some valuable lessons. The most significant of these was the idea of “thinking at the margins.”
Which is precisely why the imaginary, so-called, “invisible hand of the market” adds nothing at all to economic analysis, other than mystical mumbo jumbo.


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