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In the same way that a religion uses church to reinforce its doctrine at regular intervals, the school of economics leverages the media to reinforce its own doc
by jondubois 9y ago
In the same way that a religion uses church to reinforce its doctrine at regular intervals, the school of economics leverages the media to reinforce its own doctrine at regular intervals. But unlike economic ideas, many religious ideas are so much at odds with observable reality that they need constant (weekly) reinforcement in order for people to keep believing them.
Like with religion though, the ideas spread by economic theory also have a certain uplifting (hopeful) quality which give people an incentive to believe in them.
The doctrine of economics promises that if you adhere to its rules, you will be rewarded with financial independence; this is not so different from the doctrine of religion which promises that if you adhere to its rules, you will be rewarded with eternal life - While the promised land of economic theory may not quite measure up; it makes up for this deficiency by being easier to reconcile with observable reality; especially for those who happen to be among the chosen few who actually get to see the promised land.