Thursday, September 18, 2008

It is the economic systems, stupid by Chandra

It is quite familiar among socialist after John Maynard Keynes expressed this jargon line or quote, it read “When the facts change, I change my mind. What do you do, sir?” Note that where he (Mr Keynes) expressed this line, only few knew well.

Just honestly remember what the real brilliant economist said “As the hypnotic mantra of "change" is repeated endlessly, few people even raise the question of whether what few specifics we hear represent any real change, much less a change for the better.

It is this jargon line well admired by some of Indian semi liberals! Otherwise they themselves clime as liberal! Nonsense!

One can quote several good things which have explored by facts as it stands but not how and when it get changed. Hardly did it change.

Because the “facts are stubborn things, and whatever may be our wishes, our inclinations, or the dictates of our passions, they cannot alter the state of facts and evidence- John Adams. (Basic Economics by Thomas Sowell, p.21).

Stupidities never become brilliant any more.

 

 

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