~hyperlinks

Economists may genuflect to the “free market” as a necessary evil, but their real views are that the market has all sorts of imperfections and the market creates all sorts of evils in the world. In a real sense, this is a disingenuous perspective and flies totally in the face of historical facts. The very idea that the government could be largely done away with and not be used to diagnose, treat, or cure the economy would be seen as ludicrous and send most newly-minted PhDs into a mental meltdown.

You might say Keynes was a government enthusiast and huge socialist. For him, the free market was nothing to reflect or theorize upon. Do you think is thinking is affecting Bitcoin? Would you bet it was not?

econ

Economists may genuflect to the “free market” as a necessary evil, but their real views are that the market has all sorts of imperfections and the market creates all sorts of evils in the world. In a real sense, this is a disingenuous perspective and flies totally in the face of historical facts. The very idea that the government could be largely done away with and not be used to diagnose, treat, or cure the economy would be seen as ludicrous and send most newly-minted PhDs into a mental meltdown.

You might say Keynes was a government enthusiast and huge socialist. For him, the free market was nothing to reflect or theorize upon. Do you think is thinking is affecting Bitcoin? Would you bet it was not?