Lamentations  of the Orthodox Economists

How lonely sit the various economists, the Austrian, the Keynesian, the Academic.

They weep bitterly in the night  that their theories are invalidated, inadequate  or   made into blind eunuchs by the orthodoxies of “science” and mathematics.

They accuse, excuse and fail to expand their mindsets from the economic and financial sins of mereness, fragmentation and inverted ethical consideration for the individual….instead of seeking Wisdom and its integrative wholeness  of philosophy and policy.

Hear them complain :

“Austerity is the solution to scarcity of individual incomes, er over lending! Can’t others see that cost means there “ain’t no free lunch” and the private system of finance is God which will not brook the idols of countervailing profit making ideas, er socialism?!”

” Palliatives are solutions, er adequate because Time  and cost (whatever they are)  are holy, they cannot be truly or completely understood or compensated for and the tail (government) wags the dog (of private finance)!”

“Science, mathematics and reputation, er rigour are holy, they cannot be transcended by either Wisdom or ethics, nor can ideas transform or actually be aligned with policies. Doubt is scientific and economic God, Wisdom is illusion and its integration into economic theory is fraud and mysticism even if such integration establish both inner (philosophical) and outer (policy) duality which is the signature of nature and balance, er  its all too mysterious to either jump to conclusions and incorporate mental “leaps of faith” or entertain the idea that rapid change is possible or good even if significant change of ideas/paradigms hasn’t actually happened in economic theory for two and a half centuries, er iconoclasm as an identity has value and utility, er I’m doing the best that I can!!!!!