Das Kapital

[minionofmidas]

If you're gonna criticize one of modern history's most influential thinkers for not being relevant I would suggest you learn to spell words like relevant and the title of his book correctly first.

I'm surprised to hear anyone still thinks Marx "influential".

Nice passage, Store. Probably completely true, too. Doesn't change the fact Marx didn't understand Economics, no more than Milton Friedman did.

[minionofmidas]

What does Marx have to do with my posts, Storebought?

Nice passage, Store. Probably completely true, too. Doesn't change the fact Marx didn't understand Economics, no more than Milton Friedman did.

In your opinion, who does 'understand economics', Lewis Trondheim?

No one who thinks it can be easily fitted into mathematical or otherwise schematical models, or in fact meaningfully divorced from sociology (which cannot be meaningfully divorced from economics, either).

[minionofmidas]

In your opinion, who does 'understand economics', Lewis Trondheim?

No one who thinks it can be easily fitted into mathematical or otherwise schematical models, or in fact meaningfully divorced from sociology (which cannot be meaningfully divorced from economics, either).

Excellent answer Lewis Tranheim.  I would also throw politics in there as inextricable.

Obviously.