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Don’t Let The ‘Experts’ Tell You What To Think
WHY should people march on June 21 in protest against austerity?
There is a government budget deficit — don’t we have to do something about that?
Isn’t opposition to austerity policies just putting your head into the sand and ignoring the problem we all face?
No!
My new book Economics of the 1% shows austerity is a false ideology marketed by mainstream economists, the high priests of the 1 per cent.
As an economist I ask myself why so many people in so many countries revere economists as gurus.
The undeserved credibility of economists results from the systematic fostering of ignorance in all matters economic.
Understanding society’s economy is not simple. But it’s no more difficult than understanding the political system sufficiently to vote.
People regularly go into voting booths and choose among candidates or reject them all.
Most of the same people would profess a degree of ignorance of economics that leaves them unable to evaluate competing claims about the state of the economy.
The mainstream economics profession — through a typically uncritical and credulous media — has been successful in convincing people, regardless of their level of education or political orientation, that economics is a subject so complex and esoteric that the non-expert is excluded from understanding it.
Read more http://www.morningstaronline.co.uk/a-343b-Dont-let-the-experts-tell-you-what-to-think/#.U4Dg7PldX9U
Source: http://rinf.com/alt-news/breaking-news/dont-let-experts-tell-think/
