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What is wrong with the discipline that is nowadays taught in most universities under the misleading label of economics is not that the teachers and the authors of the textbooks are either not businessmen or failed in their business enterprises. The fault is with their ignorance of economics and with their inability to think logically.
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a top video, very clearly presented. Thanks.
Unfortunately even the most logical argument does not win over those who are destined to receive a handout from those forced to pay out. Even the clearest possible examples of North vs South Korea, and East vs West Germany will not raise a question in their minds – the truth is, there is absolutely no intention to consider such clear and logical argument as this. But keep trying!!
Fire and Ice
9 Mar 13 at 10:33 pm