Yesterday, the Nobel committee gave their economics
prize to a "political scientist." Phew, now economics is no science and
there is absolutely no such thing as political science or political
scientists. The only people who have the audacity to call themselves
political scientists are tenured professors. Science as politics, well,
that's a whole other matter, just ask Galileo

If you had the misfortune to be involved in American politics during the 1980s, one
notion was promoted endlessly as an excuse for greater mega-corporate
control. It was the idea of the "tragedy of the commons," which if you
dig deeply at all into it, is a refutation of the idea of any social
ordering outside markets, that is, a refutation of much of human
history, welcome to the science of economics. My response to all the
free marketeers, who would tell me about the
"tragedy of the commons" was quite simple, "I always thought
the tragedy of the commons was the fence." That always ended the
conversation. Unfortunately, it didn't end the idea of the tragedy of
the commons, which was used as conclusive science for all sorts of
privatization and profit making policy endeavors.

So, it was interesting that yesterday the Nobel committee on economics
recognized the tragedy of commons isn't quite all it's been promoted.
The NYT article states (tx
tiffiniy), the Nobel judges said, 'economic science' should extend
beyond market theory and into actual behavior." Now, that's just funny,
a noble cause for any science don't you think We need to rethink
political economy at very fundamental levels.

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