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user4779
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The Fundamental Flaw of 'Mainstream Economics'

- Hugo Salinas Price - Plata.com

This is an idealistic viewpoint. In reality, governments regulate money, and have done so for thousands of years. Apart from primitive or isolated societies, the only exceptions are to be found in brief transient periods of financial anarchy, typically in the final stages of war and hyperinflation when there is a massive failure of government.

Also, it is possible to distinguish the matter of how understanding of economics can be truly acquired, which I believe Hugo is writing about, from the matter of who should be entitled to apply their (true or false) understanding for the benefit (or disbenefit) of society, which it seems is what you are writing about.

Commented 3256 days ago

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Beginning of the headline :Francis Bacon, an Englishman, was born in 1561 and died in 1626. Bacon's thinking had a profound influence upon the development of Western civilization, because he founded what is known as the scientific method. All the scientific advances of mankind up to the present day, are based on this method, which is - in a few words - orderly experimentation upon things of the natural (physical) world in order to arrive at a truth. He was the first to outline the bases of the methodology to discover phys... Read More

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