“…….Only a fool tries to survive by acting like a vegetable, staying rooted to one place, when the political and economic climate changes for the worse.” Doug Casey
Doug Casey’s International Man
Bus Driver Economics –
Economics should not be an especially difficult subject to understand. In essence, it’s simply the study of how money functions. However, academics, theoreticians, politicians, and financial leaders all stand to benefit if they can manage to complicate the basic principles and muddy the waters of economic comprehension.
No individual has been manifestly more successful at this than the economist John Maynard Keynes. Educated at Cambridge, a bastion of Socialist thinking, Mister Keynes famously published The General Theory of Employment, Interest and Money in 1936, forever changing the world’s perception of economics.
This was quite an amazing feat, especially as Mister Keynes’s goal was not toexplain economics, as had traditionally been the object of the subject; his goal was to distort the study of economics—to confuse economic principles in order to promote socialist concepts.