"At any given moment, there is a sort of all pervading orthodoxy, a general tacit agreement not to discuss large and
uncomfortable facts." George Orwell.
Economists like you to think that they are objective and have no particular philosophy to promote. They think that their field
is akin to science. When you look below the surface, you will find that they go beyond a political view into the realm of
religions with an absolutist belief system. Neoclassical economics has been described as a "deductivist method" which
engineers artificially closed systems by means of the "method of successive falsehoods".
Here are few economic matters that economists will not want you to understand.
Resources.
According to economists, when a resource becomes scarce, its price will rise and introduce substitutes of higher price to
maintain its function in the market place.
It is somewhat more complicated than that as there are resources for which there is no substitute.
Equity.
Economists tend to ignore the need for equity in a civilised society. Their idea of efficiency in the market place allows that
those in poverty to become trapped there.
Supply.
The intersection of demand and supply curves is central in economic theory, yet there is more to the nature of supply curves
than they wish to reveal.
Free Market
The place of the idea of a free market is central to economic ideology. It is a scholastic ideal which is remote from reality.
Growth.
Growth is an objective that economists seek along with low inflation. They have made it the prime objective in governments
economic objectives, yet it is patently an absurdity in a finite world.
Nobel Prizes.
Economists admire their own people who get "Nobel Prizes" even though the work that gets this accolade is often
contradictory.