this post was submitted on 07 Jul 2024
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Economics is tarot card reading for right wing pseudointellectuals, just like The Stock Market being the same as astrological horoscopes for the same crowd
Not all of it. But that's what a lot of the mainstream has become.
For a better analysis than I can give, check out Unlearning Economics on YouTube. He's an econ PhD doing a lot of excellent work dissecting the problems with the field as a whole.