Liberal Professor: If You Understand Economics, You're Likely to be a Bad Person

Pundit Press ^ | 3/29/15 | Aurelius

[Stepan12]

Peter Schiff's father, Irwin Schiff, stated that one of the reason economics is called a dismal science is that it defies the human itch to meddle in things. As Irwin Schiff said, imagine your a doctor and economics is a sick patient in a slump. The proper advice one would give to this... patient is I have no power to heal you. You have the natural capabilities to heal on your own without my help. If I try to heal you I will only make you sicker as I interfere with your natural corrective abilities to make yourself better. The only 20th century President I know of who understood this basic fact was Ronald Reagan. Pres. Hoover certainly did not when his meddling turned the 1929 stock market crash into the Great Depression.

[2 Kool 2 Be 4-Gotten]

Beware - this is the next line of liberal attack. When there are ads on my sports station I flip over to the only other non-music station which is NPR. They did a long piece on a study supposedly done which boiled down to if you drove an expensive car you were a bad person because you didn’t stop to help passersby or you tried to run down people in the crosswalk.

I really think that this rich = “bad person” line of attack is truly coming. Well, yeah, ok, it’s already here but I guess I mean intensifying.

[Stepan12]

I really think that this rich = “bad person” line of attack is truly coming. Well, yeah, ok, it’s already here but I guess I mean intensifying

This isn't an attack on rich people. It's an attack on anyone rich or poor who understands economics. This is an attack on truth and knowledge and is extremely dangerous.

[2 Kool 2 Be 4-Gotten]

It’s more or less the same thing. It’s anyone standing in the way of the glorious march to communism.

[Lurker]

Great video.

[Zeneta]

Most Doctors are simply “Practicing” medicine.

The same with most Economists.

[SunkenCiv]

Further, she says that Econ majors need to take "balancing" classes, ones that present "a different kind of economics."

Y'know, like "social justice" instead of "justice".

[dfwgator]

You mean, “Socialist Justice.”

[I am Richard Brandon]

If you understand economics you understand socialist ideals for the fraud that they are and you don't contribute to left-leaning 'charitable' causes.

[desertfreedom765]

They built the modern world.

Who do you think built it, Engineers or something /s

[glennaro]

Dr. Sowell would no doubt disagree ...

[Catmom]

Most of her fat is actually between her ears.

[CdMGuy]

Just one more member of the PhD (pile it higher and deeper) crowd. I have a BA in Economics and an MBA in Finance. So, I guess that makes me doubly bad. I will match my behavior against this idiot any day of the week.

[Stegall Tx]

If you dig down, you find that this is published on her own blog with a nice academic title. However, on the about page you get to this little gem:

“STANDARDS OF EVIDENCE: The point of this blog is not to prove that sociological insights actually describe the social world (i.e., “prove” that they are “true”), but to illustrate those sociological insights that are shown or posited to be true elsewhere in academia. This is by design.”

Someone else said this is true, so I'm going to publish it without questioning its validity. This is intentional.

[Lazamataz]

She should not talk with her mouth full.

[Lazamataz]

O, I'd hit it.

I'd duct-tape it first, of course.

[Zeneta]

It’s an effort to re-mold human nature to the whims of authority.

Authority comes from both the top and the bottom.

Authority from the top is easier to deal with since there are rules.

Authority from the bottom is another issue all together. It’s intimidation through “peer-pressure” that uses political correctness and is finding more and more support from the top.

It’s the propaganda from the MSM and the silence/help from the top that emboldens then to keep pushing their agenda. They have all the tools they need to shut down their opposition. The more we complain the more radical we seem and the more isolated we become.

If 0bama had only one or two controversies, conservatives may be seen as rational. But because he has dozens of controversies, we are seen as crazy.

[Zeneta]

I have put that video on as part of my presentation on trading markets to an audience of 50 plus adults.

A very diverse audience.

They start out being very into it, with the rap thing. Then, I watched them get really uncomfortable.

[Lurker]

You forgot Reagans favorite President, Coolidge.

[ArcadeQuarters]

If you understand that you need to make stuff to have stuff, you’re probably a conservative. If you think money magically creates stuff, you’re probably a liberal.