Interesting discussion about Economics. When I was in undergraduate school
I was taught one thing, and many years late, when pursuing an MBA. I was
told that all I had been taught was now wrong and we now had the "truth".
At that point I realized that Economics was not a science but an art. Adam
Smith has held up fairly well. Marx has not.
I also learned to only listen to those Professors who actually ran a
business and disregard all who had not. Experience trumps knowledge every
time. Wisdom trumps both.
Same with beekeeping (see, I did keep on topic).
Bill Truesdell
Bath, Maine
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