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Summary
Good-for-nothing Economics…….
As an economist of more than 40 years my main interest in writing for Property Sharemarket Economics subscribers, is to convey that economics as it is commonly taught (in universities) and understood, has completely lost its way.
Quite deservedly, it is in disrepute.
Economics is primarily about people, and to talk about this (and why/how th
Key Claims
- (Claims to be extracted on detailed review)
Notable Quotes
“It is important to understand the special nature of land in economics (discussed later) and the manifestation of this in investment markets.”
“The purpose of history is to provide lessons for the future, and inspiration and courage from the study of the lives of great people.”
“The frustrated journalist noted that economics must be good for something, but that it is not clear what this “something” is; and that mainstream economists seem to be unaware of any problem, and thus are incapable of advocating for their science.”