Friday, 12 March 2010

What Edward II of England would have done with the likes of Paul Krugman

I know all conservatives and libertarians have been thinking of a good way to get rid of all the "great liberal economists" that litter today's world. Among these I can name Paul Krugman and Ben Bernanke (and their Wall Street and Fed cronies) in the United States, Gordon Brown and his buddies (especially "our Darling" Alistair) in the UK, and Donald Tusk's main man Jan Krzysztof Bielecki in Poland. There are of course thousands more of them scattered across the neo-liberal (i.e. socialist) world of today. A quick and simple answer comes from history (learn from experience!). Edward II Plantagenet of England (ruled 1307-1327) enacted a brilliant law. He simply outlawed all fortunetelling and mystic gypsy-like rituals under penalty of death. This would arguably be a great measure, as it would eliminate all these so-called specialists (who in reality understand little economics and rely largely on mysticism in the form of writing down lots of numbers). Just because you can add and divide doesn't make you any less of a seer in my opinion! This position would of course also have a side-effect of eliminating all weathermen, but they are only fractionally more accurate than the economists of today so the loss wouldn't be insufferable. And the thought of Mr.Krugman having to find a honest job (just like a seer who fished for the future in bird entrails in 14th Century England) gives me a rather warm feeling.
All hail King Edward! Despite being a bit of a sissy bisexual, he knew how to get a job done properly!

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