[P2P-F] What does this say about the Economics Profession?

Sat Sep 17 16:11:25 CEST 2011

Well Robert, while what you've pointed out is true, sideways it also  
points to the variety of post-Keynesian economists who qualify their  
perspective/body of theory as functional fiscal economics, that the  
economics is held responsible for the effects/outcomes of its assumptions  
and methodologies.

The positivist varieties are still operating as if it is a bus that we are  
all on, and yet the assumptions are that the bus has no controls or  
limiting factors though magically the same all too familiar results and  
re-distribution keep producing similar outcomes.

Lord Greenspan's primary qualification was that he was an acolyte to Ayn  
Rand and he was a political lackey. Because monetary issues have been  
largely abandoned by conventional economism, this zone has also become a  
collecting place for quacks and the errantly self taught well outside a  
scientific discourse.

Of course substantive scientific discourse within conventional economics  
has also been excluded with prejudice. It makes for a very messy process  
on the way to sort through what is possible as a viable alternative. Given  
the cultivated high level of economic illiteracy of the public, there is  
little voice in sorting toward a more benign alternative. It speaks as  
much about the public level of literacy as it does about the lack of an  
authentic scientific and economic discourse.

Tadit

On Sat, 17 Sep 2011 09:38:08 -0400, robert searle <dharao4 at yahoo.co.uk>  
wrote:

> What does this say about the Economics Profession?
>
> It is interesting to point the following people who were essentially  
> autodidacts as far as economic education is concerned.
>
> John Maynard Keynes apparently had no degree in economics but was  
> allowed to teach it at Cambridge....
> ...
> Karl Marx was ofcourse self-taught on this subject....
>
> Lous Kelso founder of Binary Economics did not have an economics  
> degree.....
>
> Clifford Douglas creator of Social Credit did not have an economics  
> degree......
>
> Hazel Henderson who is a well-known futurist economist (who also knew  
> Edward Fullbrook apparently !) also does not have an economics  
> degree.....
>
> There are probably others which are not listed...including myself I am  
> proud to say...Incidently , Hazel finds my project on Transfinancial  
> Economics of great interest, and has been following its evolution......
>    R.Searle...      