: About Me

A mild mannered water vendor with an abiding concern for the global condition.

Politics, News & Issues > Economic News Should we trust economists?

4 of 4

Should we trust economists? Not unless they know the origin of our economic system and understand the dynamics of its evolution. If you don't know the nature of the beast, your chances of predicting its actions are virtually nil. Fortunately, the economy is not a complicated system. To understand why it works the way it does, you only have to remember three things: 1. Ten thousand years ago you could only buy one thing with money. 2. Money is a promise. 3. Church and state were created to enforce the promise. The economy began when one man and one woman conceived the idea of mutual care. M...

More..

• Helium Charter Member