Many if not all of todays problems arise from what meaning people give to words. Because contrary to popular belief, the meaning of a word is not intrinsic. Which is why there are over a thousand different types of christianity: try to define something as nebulous and untestable as a god, and youll never get a clear understanding or concept of what a god actually is (or is supposed to be). Equally, there are thousands of economists, each with their own interpretation and definition of economy. I get the distinct impression that, not unlike spiritual leaders, economists dont apply the scientific method to inform their world views. Even though the scientific method is the best tool at hand. Neither of them care for empirical evidence. And both rely on mystical unproven properties. And if they do venture into the realm of science, it is to wrongly interpret, abuse and twist to conform to presupposed beliefs, and to reinforce antiquated preconceptions. Much like religion, I do not see current economics corresponding to the environment or its many inhabitants... If empirical data is pointing to a large number of negative effects on society, due to the use of a monetary system, why are economists not applying the scientific method to shape their concepts of reality? Is it perhaps because they are part of creating a system that rewards them? I only wish economists had a more scientific approach to their thinking. https://youtube/watch?v=aHxVVQxdOH4
Posted on: Sat, 06 Dec 2014 11:32:21 +0000