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Other absurdities underpinning neoclassical economics are that supply creates its own demand, and that there's no such thing as involuntary unemployment.

Can the last politician to go out the revolving door please turn the lights off?
by Migeru (migeru at eurotrib dot com) on Wed Jul 18th, 2007 at 07:23:52 PM EST
[ Parent ]
At least the British gave the word two words with which to respond when reality fails to reach the latter day disciples of Smith and Bentham.

Fuck off.

I feel much better now.

And I'll give my consent to any government that does not deny a man a living wage-Billy Bragg

by ManfromMiddletown (manfrommiddletown at lycos dot com) on Wed Jul 18th, 2007 at 07:31:17 PM EST
[ Parent ]

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Occasional Series

24 July 2014
by dvx - Jul 23
59 comments