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Newton was obsessed with alchemy, which was not considered to be junk science at the time. Instead, the government was doing everything possible to support alchemists who seem to promise the answer to a scarcity of money that was harming the economy. At the same time, the alchemists shared some perspective with another junk science, monetarism. The monetarist alchemists kept their work secret because they thought that if it became common knowledge that would be too much gold which would cause inflation and harm the economy. However, they wanted alchemy to create sufficient gold -- sort of like a Taylor rule for the 17th century. On Sat, Apr 9, 2016 at 7:20 AM, Louis Proyect <l...@panix.com> wrote: > > Today’s Washington Post has an article with the rather lurid title “Isaac > Newton spent a lot of time on junk ‘science,’ and this manuscript proves > it”. It turns out that he was “super into alchemy” as reporter Elahe Izadi > puts it. > > full: https://louisproyect.org/2016/04/09/isaac-newton-and-junk-science/ > > -- > You received this message because you are subscribed to the Google Groups > "Progressive Economics" group. > To unsubscribe from this group and stop receiving emails from it, send an > email to pen-l+unsubscr...@mail.csuchico.edu. > To post to this group, send email to pe...@mail.csuchico.edu. > Visit this group at > https://groups.google.com/a/mail.csuchico.edu/group/pen-l/. > To view this discussion on the web visit > https://groups.google.com/a/mail.csuchico.edu/d/msgid/pen-l/57090FC1.808%40panix.com. > For more options, visit > https://groups.google.com/a/mail.csuchico.edu/d/optout. -- Michael Perelman Economics Department California State University Chico, CA 95929 530-898-5321 fax 530-898-5901 www.michaelperelman.wordpress.com _________________________________________________________ Full posting guidelines at: http://www.marxmail.org/sub.htm Set your options at: http://lists.csbs.utah.edu/options/marxism/archive%40mail-archive.com
