Richard Register Tag

03 Sep We need a New Science of Physical Economics

by RICHARD REGISTER It's time we put economics into some sort of physical scientific context that makes sense. Economists have drifted off into a disconnected world where, blinded by massive amounts of money and mystery, they see themselves as a kind of high priesthood calling the shots for practically everything, then saying they were blindsided by the debacle in the real estate world and the up-trading in wildly irresponsible and, strictly honest to say, greedy derivatives.