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Occupy Econ 101

Students stage walk-out on Harvard Prof.

When a science is dying, disciples begin to refuse initiation.

This is what happened last Wednesday in the class of Harvard economics professor Gregory Mankiw, with these simple opening words: “Today, we are walking out of your class.”

The rejection of Mankiw’s class is only a single event in the class of one professor, and yet this refusal may prove to be an event with a much wider significance. Mankiw's econ 101 textbook, Principles of Economics, has made it into the minds of almost every economics student in the modern world and if the students of Mankiw can revolt, then it is possible that students everywhere can begin the task of rethinking the dysfunctional old neoclassical paradigm.

In response to the walk-out, Mankiw has only doubled down his orthodoxy, claiming that the 1% have suffered more than the 99% as a result of the recession. Now is the time for a global walk-out. Download a poster of the True Cost Economics Manifesto at kickitover.org and pin it up in the corridor of your department. Let's start an all out meme war against our neoclassical profs and begin the daunting task of ushering in a new bionomic, psychonomic, ecological economics paradigm.

Now is a good time to begin an escalation and turn the whole world into a grand economics department … to occupy it.

Send pics of what's happening at your campus to [email protected]

for the wild,
Culture Jammers HQ

Update: Check out the video of students walking out of Professor N. Gregory Mankiw's Economics 10 class:
http://www.youtube.com/watch?v=VKS1jZxWLPM

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212 comments on the article “Occupy Econ 101”

Displaying 151 - 160 of 212

Page 16 of 22

Anonymous

What did he say about Jews? You mean his comments about Hitler helping Germany or the part about usury?

Usury can't be outlawed unless the part in Leviticus is outlawed, which says that usury can be done on the stranger (non-Israelite).

Whether Hitler helped Germany, I don't really know. I don't know much about that country or history in general.

A lot of people seem to say he helped Germany a great deal, if you don't count Jews as Germans. For instance, Time Magazine gave him Man of the Year in 1938.

http://www.time.com/time/magazine/article/0,9171,760539,00.html

So maybe he helped at first and then helped ruin Germany.

Anonymous

What did he say about Jews? You mean his comments about Hitler helping Germany or the part about usury?

Usury can't be outlawed unless the part in Leviticus is outlawed, which says that usury can be done on the stranger (non-Israelite).

Whether Hitler helped Germany, I don't really know. I don't know much about that country or history in general.

A lot of people seem to say he helped Germany a great deal, if you don't count Jews as Germans. For instance, Time Magazine gave him Man of the Year in 1938.

http://www.time.com/time/magazine/article/0,9171,760539,00.html

So maybe he helped at first and then helped ruin Germany.

Anonymous

No one is anti jew but no impunity for zionists

http://www.erichufschmid.net/TFC/Ben_Freedman.html
Ben Freedman an Ex-Zionist Speaks out on Zionism's history & WWI and WWII

http://www.youtube.com/watch?v=NWwK5TBcoUY&feature=related
A 99% Blindman Speaks out against Zionism in NY

http://www.ifamericansknew.org/history/jewish_state.html
During Fiscal Year 2011, the U.S. is providing Israel with at least $8.2 million per day in military aid and $0 in military aid to the Palestinians.

Anonymous

No one is anti jew but no impunity for zionists

http://www.erichufschmid.net/TFC/Ben_Freedman.html
Ben Freedman an Ex-Zionist Speaks out on Zionism's history & WWI and WWII

http://www.youtube.com/watch?v=NWwK5TBcoUY&feature=related
A 99% Blindman Speaks out against Zionism in NY

http://www.ifamericansknew.org/history/jewish_state.html
During Fiscal Year 2011, the U.S. is providing Israel with at least $8.2 million per day in military aid and $0 in military aid to the Palestinians.

Anonymous

The relationship between finance and religion! The men who control the global financial system certainly do not share the same beliefs as those who follow the major contemporary monotheistic religions - Judaism, Christianity, or Islam.

According to the Jewish Torah and the Christian Bible (Ex 22:25)[2], and the Muslim Koran (2:275)[3], charging interest (usury) on a loan is strictly forbidden by God. In the New Testament of the Bible, Christians are specifically instructed to "lend, expecting nothing in return" (Luke 6:34-35). Thus, in Christian doctrine, it is right lend money to those in need but wrong for the lender to seek profit from the loan.

In the scriptures, repossessing property secured on a loan is also directly against God's commandments, especially when someone's only source of shelter is pawned (Exodus 22:26)[4]. Apparently, God's original intention was that people should lend to eachother out of kindness, but not for greed or profit.

"If you lend money to my people, to the poor among you, you shall not deal with them as a creditor;
you shall not ask interest from them."

- Exodus 22:25

"Those who charge usury are in the same position as those controlled by the devil's influence. This is
because they claim that usury is the same as commerce. However, God permits commerce, and
prohibits usury."

- Qur'an, Al-Baqarah, Sura 2:275

Yet the law in many countries permits lenders to charge interest on debts, and law enforcement agencies actively assist lenders in recovering interest owed. The modern legal system also enables money lenders to repossess people's property, for instance somebody's home, if they is unable to repay a loan within the agreed time limit. Mortgage lenders can and do legally take people's property, even if it is their only refuge and they have already paid many times the true market value of the property including interest. In a display of inexplicable hypocrisy, the same law courts which uphold and enforce usury and repossession also require people to swear oaths on the holy books in which God directly forbids these activities.[5]

If you thought you were living in a society based on Christian principles, or Jewish or Muslim ones for that matter, then think again. We all live under the New Secular Order (Novus Ordo Seclorum) now, and this is just the beginning.

Anonymous

The relationship between finance and religion! The men who control the global financial system certainly do not share the same beliefs as those who follow the major contemporary monotheistic religions - Judaism, Christianity, or Islam.

According to the Jewish Torah and the Christian Bible (Ex 22:25)[2], and the Muslim Koran (2:275)[3], charging interest (usury) on a loan is strictly forbidden by God. In the New Testament of the Bible, Christians are specifically instructed to "lend, expecting nothing in return" (Luke 6:34-35). Thus, in Christian doctrine, it is right lend money to those in need but wrong for the lender to seek profit from the loan.

In the scriptures, repossessing property secured on a loan is also directly against God's commandments, especially when someone's only source of shelter is pawned (Exodus 22:26)[4]. Apparently, God's original intention was that people should lend to eachother out of kindness, but not for greed or profit.

"If you lend money to my people, to the poor among you, you shall not deal with them as a creditor;
you shall not ask interest from them."

- Exodus 22:25

"Those who charge usury are in the same position as those controlled by the devil's influence. This is
because they claim that usury is the same as commerce. However, God permits commerce, and
prohibits usury."

- Qur'an, Al-Baqarah, Sura 2:275

Yet the law in many countries permits lenders to charge interest on debts, and law enforcement agencies actively assist lenders in recovering interest owed. The modern legal system also enables money lenders to repossess people's property, for instance somebody's home, if they is unable to repay a loan within the agreed time limit. Mortgage lenders can and do legally take people's property, even if it is their only refuge and they have already paid many times the true market value of the property including interest. In a display of inexplicable hypocrisy, the same law courts which uphold and enforce usury and repossession also require people to swear oaths on the holy books in which God directly forbids these activities.[5]

If you thought you were living in a society based on Christian principles, or Jewish or Muslim ones for that matter, then think again. We all live under the New Secular Order (Novus Ordo Seclorum) now, and this is just the beginning.

Anonymous

All believing people should join us. Usury is not permissible both on religious basis and actual observation of what it has done to our society.
Meaning of the word "Secular" has changed in my life time from tolerant of all religions, to irreligious, and now to anti-religious.
The word "discrimination" has suffered similar fate. Ability to discriminate was considered an intellectual asset, but now it has a negative connotation. It is devils work to make everything appear grey.

Anonymous

All believing people should join us. Usury is not permissible both on religious basis and actual observation of what it has done to our society.
Meaning of the word "Secular" has changed in my life time from tolerant of all religions, to irreligious, and now to anti-religious.
The word "discrimination" has suffered similar fate. Ability to discriminate was considered an intellectual asset, but now it has a negative connotation. It is devils work to make everything appear grey.

Matt Dickinson

Isn't there always going to be poor and rich people?

People want there to be a society where everyone makes the same wage? You want the women on The View to make the same wages as scientists?

How do you decide who makes what? Don't you need a king or a really powerful executive office to decide something like that? Maybe a powerful treasurer or governor.

Also, is commenting on the Internet a waste of time when there are so many people commenting and they often don't use a name?

Matt Dickinson

Isn't there always going to be poor and rich people?

People want there to be a society where everyone makes the same wage? You want the women on The View to make the same wages as scientists?

How do you decide who makes what? Don't you need a king or a really powerful executive office to decide something like that? Maybe a powerful treasurer or governor.

Also, is commenting on the Internet a waste of time when there are so many people commenting and they often don't use a name?

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