LadyA on Nostr: There is no right or left economics. There is economics that functions naturally and ...
There is no right or left economics. There is economics that functions naturally and controlled economics that leads to unintended catastrophes like the fiat collapses we constantly deal with. The faster people get that, the faster we can build a new system without those controls.
Economics is a science. The laws of cause and effect, supply and demand apply, and are heavily intertwined with human psychology and game theory. It encompases everything from human greed and instinct to survive to human charity and service for its own sake.
But no matter what kind of trade agreements individuals want to make, the aggregate economic system will always balance out based on its fundamentals. And if you are debating how to control that balance, all you will do is cause more collapses.
Left/right economics implies that you can change natural fundamentals by some delusional sense of self-grandure, which is exactly what political economists, keynesians, bankers, and law makers suffer from.
Economics is a science. The laws of cause and effect, supply and demand apply, and are heavily intertwined with human psychology and game theory. It encompases everything from human greed and instinct to survive to human charity and service for its own sake.
But no matter what kind of trade agreements individuals want to make, the aggregate economic system will always balance out based on its fundamentals. And if you are debating how to control that balance, all you will do is cause more collapses.
Left/right economics implies that you can change natural fundamentals by some delusional sense of self-grandure, which is exactly what political economists, keynesians, bankers, and law makers suffer from.