[The need for [j]ustice [and morality] is innate in human beings, and mainstream economics neglects [ethics,] justice [and morality]. - John Komlos

IQ, intelligence quotient is normally distributed. ...The smart can take advantage of those with low IQ. That's not going to be the basis of a good economy and a good democracy if if people take advantage of one another. ...That's especially true of an educational system that is mediocre for a goodly portion of the population.

[I]n Europe the quantity of land under cultivation could be expanded only slowly; therefore, population growth ran again into Malthusian ceilings in the eighteenth century. The subsequent rise in food prices led to a decline in consumption, particularly of meat, because the for meat was much greater than that of grains.

George Akerlof, Kenneth Arrow, Daniel Kahneman, Paul Krugman, Thomas Schelling, Herbert Simon, Robert Shiller, Joseph Stiglitz, , and Oliver Williamson... these Nobel Prize winning economists... are usually excluded from mainstream Econ 101 textbooks or relegated to obscure footnotes. ...[I]ntroductory textbooks hype a free-market utopia ...Hence ...do not help to understand the essentials of the real existing market economies... Rather, they present a caricature at a level of abstraction that creates a fantasy world and distorts the student's vision... [A] stereotype that markets are efficient... automatically leading to a blissful life, and they continue to sing the praises... keeping any demurrals muted.