Nobel Laureate economist Angus Deaton has delivered a ferocious rebuke to his own profession, saying economists have failed to understand that capitalism is about power.
Popes, bishops, deacons of neoliberal orthodoxy. I cannot make up my mind whether they are shameless liars or if they believe their own lie, not that it functionally makss a difference.
Every economist is either a socialist or an idiot.
I think a lot of them are just propagandists.
Popes, bishops, deacons of neoliberal orthodoxy. I cannot make up my mind whether they are shameless liars or if they believe their own lie, not that it functionally makss a difference.
Oh they believe it. Their subjective reality based on their material conditions makes it seem true to them.
When you get good at economics you start calling it political economy.