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To: Steely Tom
"The only mystery is why so many on the left — who always claim to be guided by science — refuse to admit this scientifically validated truth.”
There are two kinds of “economics” - scientific so-called “micro” economics, and pseudoscientific “macro economics.” Stuff like Keynes and the Philips Curve falls into the latter category.

20 posted on 08/14/2017 7:31:59 AM PDT by conservatism_IS_compassion (A press can be 'associated,' or a press can be independent. Demand independent presses.)
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To: conservatism_IS_compassion
There are two kinds of “economics” - scientific so-called “micro” economics, and pseudoscientific “macro economics.” Stuff like Keynes and the Philips Curve falls into the latter category.

Macro economics is "scientific" to the extent that it allows the elites to cloak their power-grabbing (and money-grabbing, which comes to pretty much the same thing) in the mantle of "science."

Which is pretty much the same reasoning that makes man-made global warming "scientific."

Capitalism is un-scientific, you see. If you want to be scientific, you have to put away all that, and move on to socialism, which is totally scientific.

24 posted on 08/14/2017 7:42:39 AM PDT by Steely Tom (Liberals think in propaganda)
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