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Money is a token of power, economics is politics, banking is about deciding what does and does not get done, and foreign trade is a thin veneer over the older system of colonial tribute.

Small wonder the marginalists shy away from honest descriptions of the political economy. They lack a language to describe virtually everything important about virtually every important part of human economic behavior.

- Jake

If you only spend 20 minutes of the rest of your life on economics, go spend them here.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Fri Jun 29th, 2012 at 08:42:36 PM EST
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