The first thing we must acknowledge is that we have just witnessed one of the most massive transfers of wealth, from the poor to the rich, in mankind’s history.
This enormous theft now threatens the very existence of the middle class in America.
Economics today is not merely a science without a purpose. Economics, as the professions now exists, is to science what Fox News is to the news media. Just like the purpose of Fox News is to misinform the public, the purpose of economics today is a PR con to justify inefficient and immoral policies that defend the status quo and keep mankind from advancing.