Michael Hudson and Richard Wolff on Economic Propaganda

There is no field in college education that is taught in a more totalitarian way than mainstream economics. The real field of economics, just like the fields of  psychology or sociology,  has roughly six theoretical schools.

But mainstream economics censors four of the six schools. It only presents neoclasssical economics and Keynesian. Neoclassical economics is presented as being scientific. Michael Hudson and Richard Wolff tear apart terms like “efficiency” and “cost-benefit analysis”.  Michael Hudson has even written on book called J is for Junk Economics.

Read at Michael Hudson

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