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Ok, 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 ha
by wallace_f 8y ago
Ok, 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.