DennyNov 24, 2022
Economics: Humans only value things monetarily.
Sociology: Uh, I don't ...
Economics: Humans are always rational and value is calculated by a complex inner calculus.
Sociology: Uh, Psy, can you help?
Psychology: That's not how humans ...
Economics: ALSO MY SYSTEM WILL GROW EXPONENTIALLY FOREVER!!
Physics: *drops teacup*
Show threadJonxe Hart (they/them)Nov 25, 2022

@denny

Everyone: Hey Economics, your assumptions are not just objectively wrong, they are absurd.

Economics: *holding their fingers in their ears* "NA NANANANANNA I DON'T HEAR YOU!!! Free hands! Adam Smith! YOU CANNOT CHANGE OUR MINDS!!! We are a real science!"

Everyone else: *Picard face palm*

Show thread%70%61%75%6CNov 25, 2022
@JonxeHart @denny I find it fascinating how for so many people economics means neoliberal economics. I suppose especially in US universities and probably australian ones, there's not a lot of space for anything else.
Show threadpgcdNov 25, 2022

@muaddib1971 @JonxeHart @denny
Out of curiosity: is there any school of economics that treats reality as something else than a special case we can ignore?
And if there is, are its/theirs predictions actually verifiable and falsifiable?

Honest question, as I have absolutely no knowledge of proper economics outside what trickles down (ahah) from, well, the rest of the world.

Show threadJulian GonggrijpMay 30, 2023
@pgcd @muaddib1971 @JonxeHart @denny There is #DonutEconomy, invented by the British economist Kate Raworth. Very evidence-based and even gaining some traction.
Show threadDenny
@juliangonggrijp #DoughnutEconomics then, if it's British 😃​ Looks comprehensive, and interesting, thanks!
May 30, 2023 at 2:37pmWeb