The Economic Basis of Stupidity- Crimson Publishers

The Economic Basis of Stupidity by James F Welles in Open Access Biostatistics & Bioinformatics: Crimson Publishers- Open Access Biostatistics & Bioinformatics journals

One of the basic problems with which all leaders must contend is that the ideals and ideas they are expected to use to solve existing problems are often simply common assumptions. This is particularly true in the field of economics-a domain in which beliefs and arguments over them have in the past century clearly become religious in nature. The general field of economics relates to the system of allocating productive goods and the land, tools and labour employed to produce them. The need for systems is a cultural universal [1], but one might legitimately inquire as to just how systematic the systems are. Capitalism really is not a system: it is economic anarchy. Socialism is too systematic: it stifles initiative with plans for state traction. Communism 1 is economic democracy- collective stupidity, with each detracting according to his means and by 1842 using a universal language based on "Hunger", "Envy" and "Death" [2]. Fascism is economic over think.

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