What is economics? Is it a philosophy of death? No, it is a
philosophy of life. Economics only includes the “allocation” of resources in
support of life. There is no economics of death. Death is not an economic good
that can be distributed fairly. Economics involves rational allocation. Just as
there would be no point to irrational allocation, neither would there be any
point to a theory of unfair allocation. So, all economic theories implicitly
describe an allocation process that is fair.
However, most
professional scholars who have chosen to specialize in “economics,” pretending they
know something, look for other ways to define or describe economics. They look
for some other principle, but not fairness. So, the rule is to find some method
for understanding economics allocation, and not fairness. What alternatives are
available? It becomes the matter of what is left, to the “economics field.” The alternative, or the one alternative they decided to promote was that of
self-interest. And in this way they achieved the goal: they found something outside of fairness.
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