Why is neoclassical economics such unsubstantiated garbage when you look at its assumptions with a critical mind? Has there been any great works in philosophy of economics that attempt a thorough analysis of the field?
Why is neoclassical economics such unsubstantiated garbage when you look at its assumptions with a critical mind...
Logan Lopez
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Jacob Hall
Thomas sowell has some interesting insights from a neoclassical chicogoan school perspective.
Gabriel Ramirez
No idea, but god I love Varoufakis. Just look at that smug "I just came and started farting after dismissing your entire field as neoliberal propaganda" expression on his "generic thug from the Witcher videogame" face.
Ian Brown
>neoclassical economics
We pretty much only apply Keynesian or Chicago School economics nowadays
Aaron Cooper
>Böhmermann
>Varoufakis
Off yourself
Austin Adams
Read Marx. Modern economics is the most disgusting sycophantic trash I've ever had the displeasure of reading.
Christian Moore
Uhh yeah it's called Capital: Critique of Political Economy
Blake Garcia
Unironically these, Marx actually makes some valid criticism about how economics is taught with capital and exchange based production as presupposed facts
Economics is one of the most flexible field of studies there is that one could bend it to suit their political agenda the way they wish, whether its keynesians or neoclassicals, they both make "valid" points on the surface but never actually justify their premises
t.econ student
Sebastian Long
>neoclassical economics is unsubtantiated garbage
>Now Marxism on the other hand, that's real nigga shit...
Why do people say this about neoclassical economics when they're too stupid to understand the material at even the level of a beginning graduate student? Like if freshman analysis makes you cry you probably shouldn't be making proclamations about the validity of economics. I don't even have a high opinion of economists either.
Varoufakis is widely viewed as a joke among actual economists.
Jose Collins
Distinguish between Marx's criticism and Marx's own theory.