Is there any bigger pseudo-scientific claptrap than neoclassical economics? Why are you still buying into this shit?
>>9114668
Fuck off, leftist cuck.? We are white and proud here
>Said that the most violent and bloody governments are ones which are run by (((merchants))).
What was he meaning to imply with this statement?
Also, wouldn't Smith have been greatly against fiat money?
>>9114672
I hope your mother is proud for your devotion to a literal meme.
>>9114705
>Also, wouldn't Smith have been greatly against fiat money?
Hard to say, he wasn't particularly averse to the effects of circulating bills of exchange, and those are essentially gold-backed credit money. One step away from being gold-backed fiat money.
If you're talking about inconvertible non-backed fiat money, he would have been against it.
But there's multiple forms of fiat money so... you know... ask better questions next time. A-
Because people like to justify their self-centeredness by saying its a means to ultimately better society.
At least revel in your narcissism and say fuck your fellow man, don't try to act like your bullshit is saving the world.
if theres a spook haunting you, covering your eyes doesnt make it go away, because the spook is in your head, behind your eyes.
>>9114668
>neoclassical economics
>the picture is classical economist
>>9115556
Op is attacking interpretations of Smith. Not Smith himself. Same with the image.
>>9114668
Have you actually read Wealth of Nations? Whats the 'psudo-science' that concerns you? Smith also wrote a fuckload about division of labor and comparative advantage, which sure as shit finds its place in modern economics today.
Plus as >>9115556 said, you flubbed your terms.
>>9115627
Yep
>>9114672
You're calling OP a leftist for attacking Smith for being too leftist. gotta keep your shitposting consistent.
>>9116537
Adam Smith hardly has a political lean. It's hard to find works without a political lean or bent these days which is more than worrying.
I mean, holy fuck. I almost like reading economics books from the 19th century over the 20th century for this very reason.
>>9114668
>adam smith
>neoclassical
>>9116595
This thread is embarrassing.
Irving Fisher is actually one of my favorite economists tho OP. Why the hate for neoclassicals?
>>9114668
Because they had to refute Marx. Marginalism was created to counter the Labour Theory.
Marx was critiquing political economy with the works of Smith and Ricardo, so the bourgeoisie had to reaffirm political economy with the works of Smith and Ricardo.