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On the contrary, much of modern economic thought is not dogmatic. It only seems dogmatic because the most accessible pieces of the discipline are picked up and
by throwawaymath 8y ago
On the contrary, much of modern economic thought is not dogmatic. It only seems dogmatic because the most accessible pieces of the discipline are picked up and refracted through a political lens. It's hard to get access to what economists actually think if your source is e.g. Bloomberg, WSJ, NYT, reddit, HN, etc.
- wallace_f 8y agoOk, but I have some formal training in economics and I wholeheartedly disagree. I'm mostly talkibg about macro, public policy and political economy here. It has always been this way. It took the Great Depression to usher in Keynesian econ--theories riddled with previously crackpot ideas--and that had to be done by a well-connected and- respected insider, with trendy language and trendy, but to be fair elegant and clever, maths. Most of the John List's in econ really do become truckers. It's not science or engineering where results matter. Almost alll the results dont matter. And I never was able to question the min wage dogma in undergrad.