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I think the truth is somewhere in between because of the relationship of economics and politics. There are absolutely academic economists who are doing a reaso
by atq2119 8y ago
I think the truth is somewhere in between because of the relationship of economics and politics.
There are absolutely academic economists who are doing a reasonable job trying to find the objective truth underlying human behaviour in economic life, understanding market forces, understanding relevant institutions, and so on.
However, the majority of what actually makes it into the public discourse is simply politically motivated reasoning, often in the form of hacks writing for think tanks that are paid for by special interests.
It's amazing to me that, at least when I was at university, the computer science curriculum had more content concerning ethics and our responsibility towards society than the economics curriculum.
No other field of knowledge is as poisoned by politics as economics, by far. That's why even though economics can be a decent science, a healthy amount of scepticism towards anything you read by (even supposedly academic) economists in the public discourse should be the default attitude.
- pm90 8y agoPolitics is power and power does corrupt. I am sorta glad that CS and the pure sciences remain largely free from this sort of perverse influence, although it does make me wonder how much more progress we could make as a species to fully explore and understand economic behaviors of societies.