Funnily enough in my experience if you talk to anyone in academia outside of econ, it's the first field anyone makes fun of (because in it's current state it's not a serious field of study)
Even the STEM assholes I've met usually take sociology at least just as or more seriously than economics (at least as a major, they still believe in their own investment strategies)
Ah but you see, you failed to take into account my economic model that says you're wrong! Nevermind the fact that my model fails to represent reality in all but the most constructed tests, that's not important.
Nevermind the fact that my model fails to represent reality in all but the most constructed tests
Jokes on you, the orthodox capitalist model also fails at its own most specifically crafted to be ideal conditions experiments, leading to its "researchers" literally going "ah well, nevertheless it's still intuitively correct" and learning nothing.
It's the extreme rigour with which they perceive themselves
To get into any econ PhD program essentially requires a math degree. Which is funny because afaik the only other programs that might require that much math are like, physics and math itself.
They then proceed to develop all these intense models, which is what they say the math is needed for. And yeah, sure, the models themselves are complex. But they’re all bullshit. It’s like building some quantitively rigorous model that “proves” intelligent design or that climate change is a hoax. Just because you use a lot of high level math doesn’t mean you’re actually using that math in a correct or useful way.
Funnily enough in my experience if you talk to anyone in academia outside of econ, it's the first field anyone makes fun of (because in it's current state it's not a serious field of study)
Even the STEM assholes I've met usually take sociology at least just as or more seriously than economics (at least as a major, they still believe in their own investment strategies)
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Ah but you see, you failed to take into account my economic model that says you're wrong! Nevermind the fact that my model fails to represent reality in all but the most constructed tests, that's not important.
Jokes on you, the orthodox capitalist model also fails at its own most specifically crafted to be ideal conditions experiments, leading to its "researchers" literally going "ah well, nevertheless it's still intuitively correct" and learning nothing.
The economic model that likely excludes humans as too variable to predict.
To get into any econ PhD program essentially requires a math degree. Which is funny because afaik the only other programs that might require that much math are like, physics and math itself.
They then proceed to develop all these intense models, which is what they say the math is needed for. And yeah, sure, the models themselves are complex. But they’re all bullshit. It’s like building some quantitively rigorous model that “proves” intelligent design or that climate change is a hoax. Just because you use a lot of high level math doesn’t mean you’re actually using that math in a correct or useful way.
Epicycle models of the solar system were also mathematically complex; at least those approximated real-world patterns.