Friday, May 29, 2009

Where Is The Ethics In These Economic Forecasts?

We have two manifestations of error-based thinking operating in full force.

First there are the ego-driven interpreters who are empiricists who are unaware of any ethical link to economics. They either manipulate the data to serve their overlords or try to piece together something coherent using the incorrect economic methodology of empiricism.

Second there are the ego-driven interventionists who try to seize power and to hold onto power by corrupt and error-based intervention into the economy. Their propaganda always insinuates that their pea-brained ideas can comprehend the infinitely vast and dynamic market process when in reality they are oppressors and all their intervention results in theft, suffering and injustices.

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