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Economics is and has always been ideology disguised as “facts” or “science”. There are many incompatible schools of economics that constantly battle for suprema
by mbrodersen 5y ago
Economics is and has always been ideology disguised as “facts” or “science”. There are many incompatible schools of economics that constantly battle for supremacy. And the current winner is always the school that best support/explain/justify the current ruling class. So you can almost predict who the ruling class is at any given time based on the school of economics most taught at Universities at that time. Kinda obvious when you think about it since the ruling class decide who the economists are that teach at Universities.