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Money for beginners

Summary:
Economists have sometimes misled us with their belief that it is their job to tell “white lies” to scare the population into “behaving themselves.” We think that is the wrong approach. This book trusts you, the reader, with that truth. We trust you to do what you can to spread the truth and to hold policymakers accountable. The truth is that government faces political constraints. It faces resource constraints. It faces technological constraints. But it does not, cannot, face financial constraints. Whatever is doable is financially affordable. Take that idea and run with it.

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Money for beginnersEconomists have sometimes misled us with their belief that it is their job to tell “white lies” to scare the population into “behaving themselves.”

We think that is the wrong approach. This book trusts you, the reader, with that truth. We trust you to do what you can to spread the truth and to hold policymakers accountable.

The truth is that government faces political constraints. It faces resource constraints. It faces technological constraints.

But it does not, cannot, face financial constraints. Whatever is doable is financially affordable.

Take that idea and run with it.

Lars Pålsson Syll
Professor at Malmö University. Primary research interest - the philosophy, history and methodology of economics.

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