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Economics is, as the first economist for Google put it, "intellectual prostitution". You can justify any policy with the right amount of jargon. The interesting
by jeromebaek 8y ago
Economics is, as the first economist for Google put it, "intellectual prostitution". You can justify any policy with the right amount of jargon. The interesting bit isn't really the economics but the moral assumptions behind it. To tax or to not tax the rich, to raise the minimum wage, to redistribute wealth, are all moral issues. And nothing gets people more riled up than differing moral opinions