The entire discipline of economics is one group of people explaining why pulling that lever to make the world 1% different will destroy the world while the other group explains that the same lever will fix all of society's ills.
You fool, you dolt, if there is a 2% wealth tax who will create jobs for all the hardworking yacht builders?
The entire discipline of economics is one group of people explaining why pulling that lever to make the world 1% different will destroy the world while the other group explains that the same lever will fix all of society’s ills.
Ehem, Yachts are consumption goods. Who of us doesn't have a Yacht and another in case the first gets vandalized?
The entire discipline of economics is trying to justify greed, and also other nerds who don't understand there is a private ideology vs the public one.
I'd add: the lever is not connected to anything
When something good happened it's because we pulled the lever when something bad happened its because we didnt
Hey, there are a handful of Classical Economists still out there. We are all Marxists now, though.
John Stuart Mill and his influence has been a disaster for the human race.
Economics is a false discipline. It's a subset of Politics, political economy. No calculus or higher math required. Fight me.
Calculus is pretty basic and if you wanna do useful economics you need calculus to some extent (and many marxist economists use calculus) but usually when economists use stuff more "advanced" than calculus they only do it because they think it makes them more "serious" than they really are, and it helps obscure their dumb premises.
A good analogy would be using precision lasers to make extremely fine measurements to perfectly align a square peg with a round hole.