Re: Really ?

From: The Trucker (mikcob_at_verizon.net)
Date: 08/23/04


Date: Sun, 22 Aug 2004 18:15:37 -0700

PB wrote:

> Economics is a science ? ROTFL..................
>
> When every argument is circular, either bowl down the middle, or just
> raise your hands and admit : "We just don't know."

The argument(s) are not circular. But you must come clean about what
your goal and objectives are.

1. Man seeks to fulfill his wants (needs and desires) with as little
discomfort (labor, abstinence, etc) as possible.

        This is why we plan and organize and develop real capital.

2. If a concentration of power in the hands of a few promotes the
well being of the vast majority more than a wider distribution of
power then such concentration is appropriate within the science
of economics.

        For most of us, however, this is like claiming that being
well fed in prison is better than freedom.

        It has to do with the meaning of wealth:

http://greaterVoice.org/econ/glossary/wealth.php

-- 
"I know no safe depository of the ultimate powers of society but
the people themselves; and if we think them not enlightened enough
to exercise their control with a wholesome discretion, the remedy
is not to take it from them, but to inform their discretion by
education." - Thomas Jefferson.  http://GreaterVoice.org


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