5 Comments
User's avatar
⭠ Return to thread
G.W. Borg (Shadow Democracy)'s avatar

Yes, indeed, it's fair. What's unfair is to invoke the supposed expertise of economists as a bar to ordinary people talking about public affairs that affect and afflict them most directly.

As I note in another comment, "economics" as currently taught is really just one school of the stuff (neoclassical) and has been thoroughly discredited. If you have a degree in this macro garbage from most major universities, congratulations! You have been indoctrinated.

What should be mystifying to ordinary, sober taxpayers with any interest in the matter is why such reverence is accorded to the discipline and why, for heaven's sake, it is reputed to be the most rigorous of the social sciences when actual economic history again and again proves its macro models to be worse than worthless.

Expand full comment
Rob Roy's avatar

You may want to look at Yanis Varoufakis, an economist aside from all others. He's the one who criticizes how economics has been taught (wrongly) for all time, and still is. He is the one for whom you are looking. Cheers, Rob

Expand full comment
G.W. Borg (Shadow Democracy)'s avatar

Yes, I'm familiar with Varoufakis and take some of my cues from him. Thanks.

Expand full comment
Commentorinchief's avatar

I don’t know anyone that reveres economists. When they aren’t making ridiculous predictions like the internet being a glorified fax machine they are surfing child porn. We all know who I am taking about.

Expand full comment
Rob Roy's avatar

Try Yanis Varoufakis.

Expand full comment
ErrorError