The Politics of Economics

Will we see economics demoted and revealed simply as a profession along with lawyers, advocating their policies honestly? This would be the best news from the financial collapse. With Wall Street in disgrace and the spectacle on TV of central banks printing money, we are all learning that money, a useful invention of the human mind, is not wealth. Real wealth is in human talents, wisdom and understanding of the priceless assets and ecological capital of our living planet. Ethical markets and higher morality have become pragmatic.