Carolina QuotesThe economic playing field is not level.
John Komlos Connected to the Carolinas
Source
No citation is recorded for this quotation.
- work
- A Progressive View on the Need for a Paradigm Shift in Economics (Dec 2020)
- year
- 2020
no citation recorded
Cite this record
“The economic playing field is not level.” John Komlos. Carolina Quotes, record CQ-BC3C5329BD. https://carolinaquotes.com/quote/bc3c5329bd
More from John Komlos
People who are cheaters, swindlers who can take advantage, especially of poor people... [who] do not have the education... the information. They cannot afford to buy the information so they get the short end of the stick... [O]pportunistic behavior is a big problem in the economy, and economists are not paying... attention...
I hope the present volume can... improve the teaching of economics by presenting a real-world perspective as opposed to the fantasy world of mainstream textbooks.
So why were economists so wrong? The problem is that economics is an axiomatic theory, it's deductive, based on assumptions almost all of which are false [with] too many omitted factors, and they don't care about contradictions. They don't care about people killing themselves... That's not an economic problem.