Economic Analysis Necessarily Is Political

Economic policy analytic is necessarily political. Global economics isn't democratic. The most rich are best able to exploit it. An economist may be talking on American radio or television with comments that may be completely anational and empirically global . The economist may be irrelevant to national concerns of citizens.

It is the poor and middle class that stand to benefit the most from nationalist economics. Yet because of the Clinton's Yale-Oxford Boston takeover of the Democrat party and the Bush-Romney ultra-elite hegemony over the Republican Party the United States may be said to have a no-party system with Donald Trump possibly trying to upset the status quo.

Back in the day when the U.S.A. was a somewhat isolated power economists could reasonably talk about economic policy without concern for the globe except for matters of tariffs on trade goods and the value of foreign currencies based on their gold holdings. Today of course that has all changed and economists may default to planetary economic criteria concerning labor available globally, planetary transport costs of distal manufactured goods, tax rates in various nations on currencies in other nations, etc. Manipulating international politics and supporting various conflicts abroad directly effects economic criteria exploited by global economists for the benefit of investors in international markets comprising holdings of the plutonomy (the upper 5% of the 1%).

Economics for the benefit of U.S. citizens differs from economics for the benefit of plutonomy or economics for the benefit of the dar al Islam. Economic policy for the benefit of Russians differs from economic policies designed to benefit Argentinians or Mexicans. National economic policies are the sole direct approach to intentionally benefiting national citizens yet many may benefit indirectly, sometimes from regional politics.

Presidential candidate Ted Cruz is a natural Canadian citizen. If elected President of the U.S.A. he would also technically be a subject of the British Empire and complicate ancient ideas about the legality of the American Revolution against the King. He might also enable the United States to consider a legal annexation of Canada through a consolidation procedure involving business transcendence of boundaries. As a Canadian citizen and subject of the Queen Ted Cruz could exploit NAFTA from both sides of the border and possibly get elected President of Canada simultaneously and agitate to make Canada the 51^st state. Economic policy necessarily is political.

Environmental issues are another factor determining economic definition and relevance to national citizens. There is an entire academic discipline concerned with the objective state of natural resources and human economic interaction with them that objectify the value of those resources and the real cost to society of degrading and/or depleting them. Environmental economics is not just a preference for green or renewable resources that don't pollute.

An economist may be global, regional or national, she may be an environmental economist or not, she may be a socialist, a corporatist, an unlimited existential capitalist or a reformer with a preference for a new synthetic economic method of her own invention. One could make a table to show some of the varieties or combinations of economic viewpoints and recognize some of the confusion that goes abroad through the broadcast media and publishing world when various economic analysis and remedies are advanced to the public.

There are many short-term existential economists it seems concerned with short-term phenomenal changes to various  disingenuous government measured statistics of inflation, employment, value of bonds, treasury notes, public debt, tax rate and so forth with various theoretical filters for interpretation also based upon their own choices for economic viewpoint. Many of those are what the public gets in the U.S.A. today. It is a sort of possession is 9/10ths of the law sort of economics, rather than one of cold, rational objectivity for the good of the people and environment.