2 ms·

Probably because my mother was an economist, I've pretty much ignored the subject my entire life. However, your post piqued my curiosity. Some reading later, an

Probably because my mother was an economist, I've pretty much ignored the subject my entire life. However, your post piqued my curiosity. Some reading later, and I'm scratching my head: are economists really that dumb? The price of some goods must go down if the price of other goods goes up? Only in some simulation of an economy that doesn't include real humans, right?

carlosjobim 4y ago
> are economists really that dumb? No, the are really smart. You have to be very intelligent to be able to contrive a way to support an idea that is completely wrong. Intelligent people almost always support the most idiotic political, economical or cultural ideas, because that is a mental challenge that is satisfying. Using the sheer force of their intellect to "beat" normally gifted people in arguments about these issues, they delude themselves to believe they are right, even though they picked an absurd angle just for the challenge.