This is as good an explanation of neoclassical economics as I’ve seen. It’s more akin to alchemy or religion than a science. It has basically zero predictive power because it is based on assumptions everyone knows are not true. But because it pretends to be HIGHLY scientific, and HIGHLY complex, it insulates itself from critique by hiding behind an insurmountable wall of false technocracy and credentialism. It puts monetary policy outside the control of the political system, because we wouldn’t want the rabble fiddling with all this complex machinery and mucking things up with foolish notions like equality and so forth. They would surely break something, and the whole economy would collapse. It’s a caste of high priests protecting us from ourselves.