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I don't disagree with you but economists are well aware of economical parasitism. (rent seeking, negative exernalities, game theory etc etc) The whole point of
by bedobi 2y ago
I don't disagree with you but economists are well aware of economical parasitism. (rent seeking, negative exernalities, game theory etc etc)
The whole point of the field of economics is not as popularly believed to shill neoliberal, neoclassical free markets, it's kind of the opposite - to study all the ways in which economics models (and markets in general) fail (both in the abstract and in the real world) and how to fix that. (and the solutions have been known for decades at this point, but policymakers don't implement them)
- pydry 2y ago>The whole point of the field of economics is not as popularly believed to shill neoliberal, neoclassical free markets At least half of it is, and that's where the money and prestige generally is. There's plenty of elaborate mathematical models being created by PhDs and postdocs relying upon neoclassical economic axioms. I don't disagree that economists are in theory aware of economic parasitism I just think that it's one of those topics where research funding can often end up in weirdly short supply.
- bedobi 2y ago> I just think that it's one of those topics where research funding can often end up in weirdly short supply this simply isn't true, go actually look at what economists are doing and you will find these issues are getting studied and taught a lot, it's basic stuff