Economics

Date: 2006-01-11 01:32 am (UTC)
I discovered something recently.
A subject that is blowing my mind and is changing the way I look at things.

This subject is Economics.

Economics is NOT a subject to do with the economy. That is part of it, but you can be a great economist and not really give a toss about it.
Capitalism does not hold exculsivity over maths you see.

It's a hard subject.

But it gets mixed in with politics. Politics corrupts economics. Economists are humans, they have political views.
They approach the raw data with said political views in mind.
As such they find results which suit them.

They dilute economics with political bias.
What Oxfam are doing is merely trying to compete with those economists who present alternative models showing everyone is getting richer and the world is better off.
What Oxfam did was wrong; but by the same measure what economists who support globalisation do is wrong (for example). Both sides are guilty of applying very specific filters to their criteria for data.
It devalues economics.

Maths, proper maths, has no political filter.

I say- ALL politicalically biased economists, both left and right, should be stripped of their degrees and re-named sociologists.

ECONOMICS has NO political bias. It rips apart both left and right wing polemics. It tears a hole in the most precious held political beliefs of the past 60 years, which have manipulated economics to justify their political view point.

This is merely one skirmish in a much greater battle.
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