tag:blogger.com,1999:blog-1694400362120888303.post5306487150574746355..comments2024-02-22T19:52:27.939+00:00Comments on The bad old days will end: Not easy this economy stuff is it Dave?rayhttp://www.blogger.com/profile/08557920166206674182noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1694400362120888303.post-11887862075587597672011-10-06T11:35:19.908+01:002011-10-06T11:35:19.908+01:00"The word economics is synonym for ideology.&..."The word economics is synonym for ideology." (Larry Gambone)Jemmy Hopehttps://www.blogger.com/profile/11613242697482178552noreply@blogger.comtag:blogger.com,1999:blog-1694400362120888303.post-19295686617234645072011-10-05T22:25:25.420+01:002011-10-05T22:25:25.420+01:00In the late 80s in a pub in Oxford the late Marxis...In the late 80s in a pub in Oxford the late Marxist economist Peter Donaldson explained to a few ex miners and me why studying economics was a "a cul de sac" and the whole academic pursuit of economics was becoming a waste of time. He explained that statistics and the almost automatic collection of consumer data would determine and drive patterns of consumption that would alienate politics from economics. How right he was. "Politics is the only game in town but for obvious reasons it's not encouraged in working class schools."Gitanenoreply@blogger.com