The Corruption of Science and Economics and the Green New Deal

Congressman Garret Graves of Louisiana said at a press conference about the Green New Deal, "I've heard Democrats over and over again accuse Republicans of denying science[.] ... There is another type of science that is being denied here, and that is economic science." Ideological corruption of economics has a long history.  John Maynard Keynes was one of the most influential economists of the early 20th century.  He wrote that giving people money to dig holes and fill them would increase employment and be good for the economy.  He had a point.  As long as the government can print or borrow enough money to pay people to dig holes, they will create jobs; however, those jobs will not produce the food needed to feed the hole-fillers, nor will it build them a home to go to after they finish filling their last holes of the day.  Basic economics teaches us that printing or borrowing the money to pay for unproductive work...(Read Full Article)