Hitler and the NAZI’s promoted a different science which excluded Jewish scientists. He called science by Jewish scientist “Jewish Science”. Fast foreword to today where economist Walter Williams explains the un-scientific idea of economist Paul Krugman that everything follows the law of supply and demand except labor.

Is there a Krugman Economics at work? Does Krugman Economics follow different economic rules than the Law of Supply and Demand? No, of course not. Science requires knowledge. So does Economics. It was the Nazi’s error to think the rules of science are different for Nazi’s just as it’s Krugman’s error that labor does not follow the laws of Supply and Demand.

Supply and Demand as it relates to labor means when the cost of labor increases the demand for labor decreases and that means fewer people in demand to work which means fewer jobs.

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