3 ms·

I opened with that because the person I’m replying to is claiming Econ is libertarian-esque propaganda

• littlestymaar 1y ago
  You are mixing things up: - libertarianism derives from a fringe branch of economics (the Austrian school) which is an heterodoxy. - but mainstream economics, the classical branch then the neoclassical synthesis, is nonetheless heavily ideological (markets being seen as inherently good, even though they are often imperfect in the real world). And when you have a clique going as far as making their own apocryphal “Nobel prize” in order to promote their views and establish scientific credibility to political leaders, calling it “propaganda” is not entirely unwarranted.