Thanks for the trojan virus

Nah I'm playing

Lmao

Quarantine and Scan is a gift from god

And by god I mean antiviral software

>Since 1980, he has worked at the Hoover Institution at Stanford University. He writes from a libertarian conservative perspective, advocating supply-side economics.

bruh

supply side economics was debunked decades ago

>chicago school of economics

Yet in the 80s we still had trickle down economics

right now we have a "new neoclassical synthesis" calling the economic shots

and that shit has been debunked decades ago too

imagine you go to university

you spend 3 years learning one school of economics

then you do a masters and/or PhD in that school of economics

these people arent even exposed to alternatives or refutations

and they've spent a decade learning their school

so naturally, these people are going out into the real world in true belief of their school of thought, that this is the *right way* to perceive the world

Now imagine that almost every university course teaches neoclassical derivatives

almost everyone will go into the real world being.... a neoclassical!

the *type* of education you get is more foundational for your belief system than *the truth*

people might say, *but if all these universities are teaching this economics, it must be right*

is that true in *arts*?

no

so it would be true in the social science of economics.... why?

There are tons of economic theories out there, and none of them are objectively right. Some people take these theories too seriously and don't realize that they are intellectual thought experiments.

right

like when an economist says "lets just assume people are rational"

this is a ridiculous starting point for a theory

@Pelth ehmm.. you are a socialist, and you're talking about economic theories being bs?

they are pretty much all based on certain assumptions being true without evidence.

at least the mainstream ones

there are plenty of heterodox schools which actually start with empirical data as their assumption

which makes it far more accurate to describe reality

it also comes down to personal taste as well

because humans are adaptable and they can adapt to all kinds of warped realities if they need to

A huge problem with mainstream economics is it almost assumes infinite extractable resources. Or at least that all resources can be effectively substituted.

It supports a devouring swarm mentality

The logical conclusion from this line of thinking would be a barren world incapable of supporting life.

Here is the deal, you say that, and that is great.

But then turn around and talk about social politics in a very tunnel vision way.