Mastodawn

Can we please, for the love of God, finally admit that mainstream economists are just astrologists for Wall Street bros

A tale of a disaster wrongly foretold.

The New York Times

Ah economics. A field that decided the real world was too complex, so instead it created a fake world and decided to study that instead.

Totally normal field that everyone should take seriously.

Always hilarious to hear economists attempting to defend "praxeology."

There's a pretty funny study that found that the only people who behave like homo-economicus are trained economists.

Turns out that that it takes an expensive graduate school education to create a 'rational economic agent'.