When you see reference to a new paradigm you should always, under all circumstances, take cover. Because ever since the great tulipmania in 1637, spe… - John Kenneth Galbraith

Men can labor to make sense out of single steps toward the goal without ever pausing to reflect that the goal itself is ludicrous.

The monetary experiments of Pennsylvania and its neighbors were by no means an unconsidered reaction to circumstance. They were extensively debated and had the energetic support of Benjamin Franklin, the most intelligent political man in the colonies and an ardent exponent of paper money. In 1729 he published his A Modest Enquiry into the Nature and Necessity of Paper Currency, a brief on behalf of paper currency... In 1736, Franklin's Pennsylvania Gazette printed an apology for its irregular appearance because its printer was "with the Press, labouring for the publick Good, to make Money more plentiful." The press was busy printing money.

Economic theory is the most prestigious subject of instruction and study. Agricultural economics, labor economics and marketing are lower caste fields of study.