WHO BUILT THE EXPRESSWAY TO SERFDOM: Are Economists Acutely Culpable?

“A University Economics Degree today is more of a lobotomy than an education”. ___ Steve Keen

“Practical men who believe themselves to be quite exempt from any intellectual influence, are usually the slaves of some defunct economist. Madmen in authority, who hear voices in the air, are distilling their frenzy from some academic scribbler of a few years back”. ___ John Maynard Keynes

“In reality, the Neoliberals were simply trying to structure the market in ways that redistributed income upward, while claiming that it was all the invisible hand of the market. Their opponents bizarrely chose to attack the market instead of the way the Neoliberals were shaping it”. ___ Dean Baker

“Many of the social and environmental failures of the global economy trace to the flawed and outdated maps of the ego-nomics currently taught in our most prestigious universities as scientific truth and echoed daily in the media. Recognizing that ego-nomics shields predators from moral responsibility, private financial interests use their financial power to relentlessly promote these maps through media, education, government, and even religion”. ___ David Korten

Nearly everyone knows that many mainstream economists are full of crap (even some mainstream economists), but economists and their plutocratic patrons are very loath to admit it. Following the mammoth financial crises of 2007–8 (that still remains unresolved), the late Queen Elizabeth…