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> We barrel down this road under the guidance of a great many economists Properly understood, economics has always been harnessed as a tool to maximize profit
by titzer 5y ago
> We barrel down this road under the guidance of a great many economists
Properly understood, economics has always been harnessed as a tool to maximize profit for the rich, a bit like shady "doctors" for elite athletes administering performance-enhancing drugs, optimizing their short-term gains at the expense of long-term consequences, completely unlike real doctors who look out for the general well-being of patients. There are few economists who care about long-term consequences that actually influence policymakers.
- jdgoesmarching 5y agoThis. Most of the field is centered around maximizing or defending the interests of billionaires. It’s one of my favorite disciplines, but after reviewing the curriculum of a major econ program nearby I decided not to pursue it for basically this reason.