Can science of economics exist without socialism and an omnipotent government
The Nobel price in economics is not provided by the scientist and entrepreneur Alfred Nobel, who invented dynamite, found. Alfred would probably turn in his grave if he heard about the science of economy. Subtraction of cost from income was not a science before the socialism was invented. Preparing a budget based on experience from earlier year can’t be considered any scientific height either.
The Nobel price is founded by the Swedish national bank “Riksbanken” in memory of Alfred Nobel.
When it comes to modelling and prognosis out of thin air, we are closer to ideological wishful thinking than science. If the model doesn’t mirror the reality, the politicians must change the reality.
When the zombie company need even more money, increase the intangible goodwill asset, and keep on lending to the spending. The science of goodwill is closely connected to the religious believers of an almighty state.
To navigate after the bottom line is like driving a car without windows while looking for the white lines of the road trough a hole in the floor.
The Nobel price is founded by the Swedish national bank “Riksbanken” in memory of Alfred Nobel.
I don’t deny that there is a need for economical control in big entities, specially with regards to cash flow and tax obligations. Those economists probably do a good job while hunting for manager positions.
The only measure available for EU is to spray money on every upcoming problem.
The most famous school of economics in Sweden “Handelshøgskolan in Stockholm” was established by the social democratic ideolog Gunnar Myrdal. Gunnar and his wife Alva Myrdal were kind of scientists within the area of social engineering closely tied to the social democratic party.
Gunnar Myrdal was the first person to achieve the Nobel price in economics. Their work became the fundament for the Swedish society and the ubiquitous power of the social “democratic” party. They imposed the laws and measures to make the ideas from Marx and Engels to become valid in Sweden.
Constitute prices to be awarded themselves founded with tax money has ever since the start been a strategy to gather ethos to the social democratic party and their prophets. Alva Myrdal was awarded the Nobel Peace price 1982. This in cooperation with the Norwegian Labor Party, who control the Nobel peace prize committee.
The science of con tricks rewarded by the Swedish national bank, in the name of socialism are now paying off.
To navigate after the bottom line is like driving a car without windows while looking for the white lines of the road trough a hole in the floor.
The aim from the 2008 bank crisis until now has been to rescue the financial industry. The cure the scientists in national economics has prescribed is more of the same. Make people borrow more money to keep the wheels running. Measures like bond buying scheme and negative interest in the name of science is like physical science without any physical laws. If the bridge become too expensive to build, change the law of gravity to make it cheaper.
The only measure available for EU is to spray money on every upcoming problem. Greece default, refugees via Turkey, and now the corona fond for the south. I bet that when they find weed in the cultivations of the head courter in Brussels, they spray it with fresh money. All border countries of Europe now have a grasp round the neck of Brussels, with fresh refugee ammo from Afghanistan.
The Nobel prices in economics has been mainly awarding science within the psychological field. From Daniel Kahneman who revealed the imperfections in the human decision making such as, loss aversion, tribe mentality and bias, to the latest Nobel price where another type of auction was invented to pump the prices for property even more. The science of con tricks rewarded by the Swedish national bank, in the name of socialism are now paying off.
We are entering a situation where there is a surge of money all over the field, but nothing to buy. Scarcity in all lines of supply while the national reserve banks are handing out worthless money. Does it sound familiar? Cuba, Soviet, DDR,?
Mum what’s the dinner today. It is goodwill darling.
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