Society rejected that 100+ years ago. Recall that until recently, the folks concerning themselves with money were not at the top of the social heap -- with good reason.
Society rejected that 100+ years ago. Recall that until recently, the folks concerning themselves with money were not at the top of the social heap -- with good reason.
I'm not sure what "economics were the end all be all means" but economics is a method by which to understand the "world" under the circumstance of scarcity. I suggest reading a little more of it; it's an interesting topic.
Actually, I don't think this makes any sense. Economics is not about describing a perfect society or something. Don't be silly. :)
It's about understanding reality. Agents engage in activity described by economic principles under the condition of scarcity.
I know that seems sad or something I guess to some. It's like climate change doesn't care if you believe it's real or not.
It's just the way it is ... under the condition of scarcity.
Feel free to correct me or give more information, I am perfectly fine with being educated.