Home > Uncategorized > Divine belief in Economics at the beginning of the 21st century

Divine belief in Economics at the beginning of the 21st century

from Emil Urhammer and the current issue of RWER

Drinking the strength of life
from men doomed to die,
spitting the crimson blood
on all the lands of gods;
black becomes the sun
in summers to follow,
weather spells disaster –
Need you know more?

With this stanza, I begin my story of the divine belief in Economics at the beginning of the 21st century, when this faith was practised and reached the height of its glory. . . .

. . . . . many centuries later, it is not easy to give an in-depth explanation as to why countries and governments did so little to avert these self-inflicted disasters, whose nature was known with some certainty and whose arrival was doubted by few. However, there can be no doubt that the divine belief in Economics with its strong anchoring in central authorities and close alliance with society’s elite was of great importance to maintaining the status quo, thus preventing the necessary transitions. Based on this relationship, I find it relevant to direct my searchlight at the divine belief in Economics in the 21st century to highlight certain characteristics of this faith. Hopefully, such an investigation can improve our understanding of the tragic downfall of a civilisation.  Read more

  1. December 14, 2015 at 6:33 pm

    A brilliant piece of writing. I have written on a similar theme in a presentation on: How I learned Why Bad Beliefs Don’t Die at the Hockey Arena a portion of which is in the current lead article (not attributed to me) at . Human beings reify theories and look for someone or something to blame when things go wrong.

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