RE: https://mastodon.social/@tanyatussing/116346855124702428

From #MikeKonczal : "The romance of #markets as self-correcting, dynamic, and resilient machines has made us forget about the crisises, collapse, and depressions that have always come with #capitalism. But it has also made us forget how necessary the legal and political environment is to creating #innovation and #Prosperity , and how vulnerable it becomes when the economy is treated as the mere property of owners.”

#Economics #PoliEcon #EconomicMyths

Immigrants Cut U.S. Deficits by $14.5 Trillion—and the Right Still Lied

A conservative report confirms immigrants reduced U.S. deficits by $14.5T. The lies collapse, the data speaks, and the scapegoating is exposed.

#CatoInstitute #deficitReduction #economicMyths #immigrantsEconomy #immigration #ProgressivePolitics #SocialSecurity #UndocumentedWorkers #welfareFraud https://wp.me/p1OjMZ-oFh
Central banks keep framing inflation as workers earning "too much" rather than corporations price-gouging. Amazing how economics is presented as neutral science when it's deeply ideological. Currently reading Graeber's "Debt: The First 5000 Years" and having my mind blown. #EconomicMyths