|
|
 Originally Posted by Penneywize
3 years later and 2/3rds the way through my MA I still can't understand, justify, or defend anything wufwugy says about economics..
It's that way due to design.
Instead of typing up a huge post, look at it like this: economics is a science. In all other sciences, you don't find a contrast between competing theories like you do in economics. However, this contrast in economics is actually fake because the data bears the fruit. But the politics of the matter is that treating economics like a religion in many stages (even in academia) produces the kinds of results that are being looked for.
Economics accepting much of the data societies have birthed is more blasphemous than a spherical earth once was. That's why Scandinavia is "evil socialism" yet their real world results are brilliant, it's why the national debt is a problem yet there is zero evidence to support this whatsoever, and why income inequality has a strong correlation with the sickness of an economy yet the powers that be brainwash us otherwise
Only in economics could we have done trickle-down for decades, have everything crash, have the data show us exactly that trickle-down doesn't work, but then keep thinking that we need to do more trickle-down. Only in econ...
|
Reply With Quote