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>Just like priests and counselors in the courts of ancient kings, modern economists are masters of telling those with power and wealth what they want to hear.
by pydry 3y ago
>Just like priests and counselors in the courts of ancient kings, modern economists are masters of telling those with power and wealth what they want to hear.
Which those with power and wealth channel via, among other things, think tanks like the AEI and donations to universities: https://publicintegrity.org/politics/koch-foundation-proposal-to-college-teach-our-curriculum-get-millions/ https://publicintegrity.org/politics/koch-foundation-proposa...
There's a reason economists get paid more than all of the other social sciences.
If you want to piss off an economist, suggest that they might be a rational utility maximizing agent in a market where there is a high demand for misleading information.