Below are two links , one to a video of Bill Moyers and Company. the other is the transcript of the same show. Take the time to watch (45 minutes ) or read the transcript. It will be the most informing hour of your economic life.. Here's a dude (Richard Wolff) who attended 3 universities (Harvard , Stanford and Yale) graduating from all 3 with degrees in economics. He wondered during his academic career why the economics he was being taught didn't not appear to be what was happening in the real world..
He started a search of dissidents to the theories he was being taught to see what was really going on.. He discovered there were actually two different fields of economics being taught at all 3.. They were in two different buildings one labled Business and the other Economics.. The theories were distinctly different from each other, on the business side they were teaching the next leaders of industry how to run their business and it didn't have anything to do with economic theory as taught on the other side..
The world will make better sense to you after listening to Wolff , you will finally understand why you thought all along that the economists we see and read are mostly full of it..
Video
Transcript
Some much for the "liberal" universities ...
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