Thursday, January 22, 2009

Why Economics Is Important! (Mises & Keynes, Think So!) | Simoleon Sense

SimoleonSense has the following great piece.

Why Economics Is Important! (Mises & Keynes, Think So!) | Simoleon Sense:
"Economics must not be relegated to classrooms and statistical offices and must not be left to esoteric circles. It is the philosophy of human life and action and concerns everybody and everything. It is the pith of civilization and of man’s human existence…”

“In such vital matters blind reliance upon “experts” and uncritical acceptance of popular catchwords and prejudices is tantamount to the abandonment of self-determination and to yielding to other people’s domination.”

“Economics deals with society’s fundamental problems; it concerns everyone and belongs to all. It is the main and proper study of every citizen.”"

I can not tell you at how many family dinners and group runs that the idea that economics should be a required class for all students has come up, but it is in the hundreds. Well said!

1 comment:

Miguel Barbosa said...


Thank you very much for the kind words. I hope you had a good holiday season & happy New Year.

Best Regards,
Miguel A Barbosa