Edward Goldsmith. Rewriting Economics.

Economists identify their discipline with the study of its subject matter rather than with what it is trying to achieve. As the highly respected economist Kenneth Boulding notes, it studies "prices, quantities of commodities exchanged, produced and consumed, interest rates, taxes and tariffs, etc." The assumption is that it is only by studying the interrelationships between these variables that one can determine how to achieve the economic goal modern society has set itself—the creation of ...

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