Sunday, April 3, 2011

Unwanted Cluboenguin Acounts

A decalogue of "false facts" according to economists 'terrified' Macedonio Fernandez

La Voz de Galicia
Juan Arjona
3/4/2011

  • 'financial competence does not necessarily produce a fair price, "warn the authors of the statement collective.
  • rating agencies' increase the risk of bankruptcy that had announced "
  • The increase in debt is due mainly to falling
income
clear and manifest certainty that can not be doubted: that is the most common sense of the word evidence, according to the dictionary of the Royal English Academy. But not always what it seems obvious, simply because it is part of the majority religion, it is true. History is replete with false evidence, from the proposition that the earth is flat, the evidence tells us that, if spherical, people would fall in vacuum-up the old argument that puts our planet in the center of the universe. In fact, scientific progress is largely a repudiation of our sensory perceptions. Also in the economic sphere financial and often confuse the principles of universal validity in the rules that are part of hegemonic systems of thought. Even the crisis has weakened the dogmas. "There have been no way to question the foundations of the power of fi nance," write Philippe Askenazy, Thomas Coutrot, André and Henri Orléan Sterdyniak in the introduction to his Manifesto of economists terrified. In his text, now backed by more than three thousand professionals worldwide, the four economists 'terrified' list and removed a decalogue of "false facts" financial, while 22 measures proposed alternatives.


AUTHORS AND SUPPORT
Over 3,000 PROFESSIONALS SIGN THE MANIFESTO


Prepared by four renowned French economists, the "Manifesto of economists terrified" is finding wide resonance, to the point of becoming one of the best-selling books in France. In Spain, the booklet -62 pages-has been edited by Lost Steps, co-published with Ediciones Barataria. Until 22 January this year, more than 3,000 professionals, mostly economists, have adhered to the document.
Askenazy Philippe (CNRS research director), Thomas Coutrot (specialist in labor and board member of Attac), André Orléan (Chairman of the Political Economy AsociaciónFrancesa) and Henri Sterdyniak, the authors of the manifesto, say they are appalled "by the mismanagement of the crisis by the governments' and denouncing ten false evidence, a lack of scientific basis, car only serve to justify the neoliberal policies that are at the root of the economic crisis. At the same time, proposed 22 measures to address, from a different perspective, a recession.

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