One may profess a high philosophy, but when one is in need of money, he becomes a cheater. In this material world, so-called scientists, philosophers and economists are nothing but cheaters in one way or another.
[Posted
July 1, 2010]Economists a Threat
The Fed and the economists got us into this mess, and so far they haven't been able to right the boat nor calm the waves
From The Federal Reserve Bank of Richmond's website: Senior economist Kartik Athreya earned his PhD at University of Iowa, and joined the Richmond Fed in 2000 after working in Citibank, New York City.
Time to shut down the US Federal Reserve?
Kartik Athreya, senior economist for the Richmond Fed, has written a paper condemning economic bloggers as chronically stupid and a threat to public order.
“Writers who have not taken a year of PhD coursework in a decent economics department (and passed their PhD qualifying exams), cannot meaningfully advance the discussion on economic policy.”
...The 20th Century was a horrible litany of absurd experiments and atrocities committed by intellectuals, or by elite groupings that claimed a higher knowledge. Simple folk usually have enough common sense to avoid the worst errors. Sometimes they need to take very stern action to stop intellectuals leading us to ruin.
The root error of the modern academy is to pretend (and perhaps believe, which is even less forgiveable), that economics is a science and answers to Newtonian laws.
...Economics should never be treated as a science. Its claims are not falsifiable, which is why economists can disagree so violently among themselves: a rarer spectacle in science, where disputes are usually resolved one way or another by hard data. go to story
”Why do we discuss mundane topics like finance, politics etc.? What is the value in discussing these things?” Good question. The answer is because everything in this world is a perverted reflection of the Krishna consciousness state. ISHOPANISHAD states we should understand the absolute truth and simultaneously understand the shadow of MAYA side by side. more
Victimized by persons afflicted by the four defects
Srimad-Bhagavatam 5.14.26, text & purport
As far as transactions with money are concerned, if one person cheats another by a farthing or less, they become enemies.
PURPORT
This is called samsara-davanala [forest fire of material existence]. Even in ordinary transactions between two people, there is invariably cheating because the conditioned soul is defective in four ways – he is illusioned, he commits mistakes, his knowledge is imperfect, and he has a propensity to cheat. Unless one is liberated from material conditioning, these four defects must be there. Consequently every man has a cheating propensity, which is employed in business or money transactions. Although two friends may be living peacefully together, due to their propensity to cheat they become enemies when there is a transaction between them. A philosopher accuses an economist of being a cheater, and an economist may accuse a philosopher of being a cheater when he comes in contact with money. In any case, this is the condition of material life. One may profess a high philosophy, but when one is in need of money, he becomes a cheater. In this material world, so-called scientists, philosophers and economists are nothing but cheaters in one way or another. The scientists are cheaters because they present so many bogus things in the name of science. They propose going to the moon, but actually they end up cheating the entire public of large sums of money for their experiments. They cannot do anything useful. Unless one can find a person transcendental to the four basic defects, one should not accept advice and become a victim of the material condition. The best process is to take the advice and instructions of Sri Krishna or His bona fide representative. In this way one can be happy in this life and the next.