Posted To RWER Blog 04/26/2018

One can hardly criticize Brexiters and others for wanting to exit the mish mash of onerous, unworkable regulation and neo-classical fallacy known as the EU. The problem like everywhere else is that economics has become a long list of “epicycle” perturbations of that fallacy that does not look directly at the temporal universe operations of commerce and so cannot craft policies based on the economic insights available there that will resolve the economy’s underlying cost inflationary problem that has become inherent. Everyone agrees that there is a scarcity of individual income and that austerity is idiocy….they just don’t know how to transform it into a free flowing system of abundance for all agents. Once they look…and see…the scales fall from their eyes.

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