It's funny because that's actually what I liked the most about an intro economics class (at an engineering school): that it was more philosophy plus illustrativ

It's funny because that's actually what I liked the most about an intro economics class (at an engineering school): that it was more philosophy plus illustrative math than anything like a science. But I had to laugh at this line: The textbook answer to recessions is simple...the central bank can cut interest rates. That really depends on who wrote your textbook