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by Philip Pilkington
Article of the Week from Fixing the Economists
It’s truly infuriating to watch left-wingers talk absolute nonsense when discussing the economy. I encounter it all too often. What you generally get is a hodge-podge of incoherent economic ideas – usually incorporating the worst aspects of right-wing doctrines like monetarism – topped off with a general hand-wave that, well, capitalism is full of ‘contradictions’ and doesn’t work anyway so what’s the use of discussing it in any detail.