How economics became a religion

[OddTrader]

How economics became a religion

https://www.theguardian.com/news/2017/jul/11/how-economics-became-a-religion

Tuesday 11 July 2017 15.00 AEST

Although Britain has an established church, few of us today pay it much mind. We follow an even more powerful religion, around which we have oriented our lives: economics. Think about it. Economics offers a comprehensive doctrine with a moral code promising adherents salvation in this world; an ideology so compelling that the faithful remake whole societies to conform to its demands. It has its gnostics, mystics and magicians who conjure money out of thin air, using spells such as “derivative” or “structured investment vehicle”. And, like the old religions it has displaced, it has its prophets, reformists, moralists and above all, its high priests who uphold orthodoxy in the face of heresy.

 

[zdreg]

1. https://www.joachim-herz-stiftung.d...ng-the-economy/discover-economy/economy-camp/

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[doggyfx]

1. https://www.joachim-herz-stiftung.d...ng-the-economy/discover-economy/economy-camp/

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2.

At least those bunch of talking heads create an opportunity to earn money from air.

 

[Gramp]

Seeing the way our youngsters' worldview is changing makes me think that humankind will lose its sanity. It is true, everybody wants to make money out of thin air.