Monday, May 10, 2004

I've been thinking for a while about why people are so often so hostile to economics (it's called the "dismal science"), and I'm not the only one. One theory has it that commerce now typically involves non-tribe members (or even non-human, as with our banks' ATMs and Internet orders). That seems to be more a hostility towards modern scalable commerce, although I can see how that would transfer sometimes to economic arguments or prescriptions relating to international trade or similar topics. Another theory is that people just don't understand it (no exposure in early schooling) therefore fear it. A third theory has it that, in part, left-leaning people fear that learning economics (or indeed, lending it any credence) turns people into conservatives!

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