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For decades we’ve been made to believe that Economics is a “science” that should be handled by a handful of intellectuals. After all, we shouldn’t worry much about the details! We should leave those in the hands of those that have the ability to analyze and make decisions. All too often I hear about the idea that man-made economics is far better than the free market economics. It’s been now more than 60 years that our economy had used the Keynesian man-made approach but does it really work? I wonder if man – as smart as he is – recognizes that sometimes the universe is bigger and more powerful than he is.
Reality is that economics directly affects our lives. Just because we never lived to experience an economic depression doesn’t mean we’re immune from such crises. The good news is that we can do something about it. Continue to read here