I should've been an Economist. | AccountingWEB

I should've been an Economist.

Anyone with more than a mop for a head knows that Darwin's opinion on the evolution of life on this spinning olive is just a theory. In his, On the Origins of Species, he attempts to support his theory through observations, comparison, conjectures, etc. All his data is either historical or anecdotal or both---a bestiary ben trovato.  B. J. Skinner, in his Beyond Freedom and Dignity (all the rave with 1970's college students just back from littering jungle floors) concluded that life without dignity---cultural engineering to the maximums was okay if not preferred---a brave new world, exactly.  Even with heady smoke in their eyes, they could see it back then: Man from stellar chaos to Cro-Magnon to stick living to the modern two car garage in gleaming chrome and finally, to a "Mad Maxian" conclusion. Amen. Now here sits economics-man, Adam Smith with his Wealth of Nation which, according to Wikipedia, "...the ideal economy is a self-regulating market system that automatically satisfies the economic needs of the populace [with] the market mechanism as an "invisible hand" that leads all individuals, in pursuit of their own self-interests, to produce the greatest benefit for society as a whole." Smith loved laissez-faire. Sounds Dystopian? Where we see desperate and fragmented groups of people searching for limited resources (like oil) having to defend themselves against armed groups of men and women (terrorist) being lead by the hero (the economist) and, in the end, finally reaching some snug (economic) haven, i.e., clean air, low inflation, moderate economic growth, but albeit, once again, stick living. Hail to the Greenspan, hail to the new theorists controlling our Federal reserves. Once again, damn Skinner, life has dignity!

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by Dave Burt, CPA - Dave has held accounting management positions in both public accounting and private industry for such companies as Coldwell Banker and Maytag.

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