Changing Human Behaviour is the next big thing in economics - IMF and EU

According to the BBC just now Cypriots are to pay 10% tax on their savings.

If economics is about managing human behaviour or allowing it to behave naturally, then why does Europe and the IMF want to discourage banking?

They are taxing bank deposits just once at 10% of the capital - a wealth tax on bank deposits. Just once, until next time.

How do we get rid of the new breed of economists and get back to sound principles?

I posted the above comment everywhere I could as soon as I heard about it.

Don't forget to read all the other snippits on this blog.

The ABOUT page explains.