A Centuries-Old Idea Could Revolutionize Climate Policy

[applegrove]

12. I studied economics in Nova Scotia. We were given a lecture on supply side economics and how

it is based on supply shocks to the aggregate supply curve in 1984 or 85. There was a graph and equations I believed it for years. It was bullshit. I have also heard from business people that economics is like autopilot. It works for things that are predictable to keep the economy airborn. Autopilot is based on science. It is true that economics is becoming more scientific but it is also full of GOP propaganda. So to say it is a social science as it is practised and taught today in the US is true too. The gop don't share all the information they have with us, with the public, for the greater good. How else do you explain the lack of keynesian spending after 2010. Or that John McCain was flipped into believing he didn't understand economics as he won the nomination race for 2008, so he toed the GOP line on the economy. So economics is badly practised by the right, to their benefit, to the point it is a social science. It is a human construct that benefits the wealthy politically in the US, as they practice it. Of course it is a war on the little guy. A war of keeping the important information on economics, and things like psychology, to themselves and their benefit.