19 May 2008

Karl Marx Was A Liberal Economist



So I've found an economics essay that warms my heart. It trundles through the history of the study of money in action with a rambunctious appetite for the broad and the off-hand. Nice.
Economics is the kind of science I love: it touches every aspect of human life, like law, political science or philosophy. Walk into a bar and order a drink. This is clearly a political action: you are a human, who gets served by an other human, and this is normal. In what kind of society does this happen? Why? Political science to the rescue baby. This is also a legal action: ordering something is making an implicit contract with the bartender and the whole bar. And of course, it's also an economic action, since you're paying for goods, and hopefully a bit of service. [more]

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