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" "[E]conomics cannot be purged of ideology...
(born 28 December 1944) is an American economic historian of Hungarian descent and former holder of the chair of economic history at the University of Munich.
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The character is formed during the first few years of life, and the corporations have an impact on the way we think... so ... is not realistic, because producers spend an incredible amount of money in order to condition children and youth to drink Coca-Cola, to depend on the iPhone, to go to hamburger joints, to McDonald's... So adult economics, forget it! You've got to start the analysis with children, and that means that tastes are endogenous [determined within the economic system! ...The assumption of exogenous tastes is toxic.]
Being isolated from markets... had its advantages as long as the population density did not exceed the carrying capacity of the land, because subsistence peasants/farmers had little choice but to consume all of their own food output. Once they became integrated... they had to compete with other segments of the population for food, which tended to impinge on their nutritional intake...
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