If everything is left to take its natural course — without intervention by humans — everything will be just peachy.
Twirl finger in cheek.
The monumental constructs of neoclassical economics are a tissue of circular definitions and self-contradictions (as demonstrated by its own practitioners, on its own terms) assembled to provide post hoc rationalizations for that faith-based belief. (A belief that — not surprisingly — is profoundly beneficial to incumbents, those with money and power.)
Just sayin’.
Comments
One response to “Libertarianism is Just an Instance of the Naturalistic Fallacy. Neoclassical Economics is its Enabler.”
There is, of course, no refuting the “libertarian” who always prefers his/her liberty to “rationality” in the economic sense. “Can’t get from micro to macro, so ‘effin what…?”
Yeah, the cynicism leaves me nearly non-plussed too…