On a practical and spiritual plane, economics is about taking care of our communities - the "household" of the world. Unfortunately, in current times, economics has become more about fulfilling individual desires and wants to the detriment of, and at the expense of, the community - a purely selfish, ego-driven drive for personal greed and grandeur - a highly distorted and unhealthy view of economics - except for those, of course, who are reaping the benefits. There's a huge difference between the economics of needs fulfillment and the economics of pleasure.
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It is the Economy - And Let's Not Be Stupid!
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