I mean mainstream economics is a farce. MMT at least approaches sanity. Yeah you need Marxism-Leninism but there aren’t many of those economists in Western academia.
I’ve studied economics as a discipline too much not to acknowledge its institutional biases. The statement “economics isn’t real bro” is a joke, but it’s a joke about how bad the state of the academy is in promoting neoliberal economics.
If that weren’t true it wouldn’t be powerful enough to turn Argentina into a fourth world nation. Milei is a product of these academic institutions.
If you actually went to or taught at a university that eludes these biases like the Braudel fans at Binghampton, you wouldn’t be scolding me for making a joke about how stupid most economics degrees render people.
The ideology is often implicit in how the model is explained. For example, 2 simple facts that go unmentioned.
Only persons can be responsible for anything. Things, no matter how causally efficacious, can’t be responsible for what is done with them
The employer receives 100% of the property rights for the produced outputs and liabilities for the used-up inputs. The workers qua employees get 0% legal claim on that. This fact is obfuscated using the pie metaphor
I mean mainstream economics is a farce. MMT at least approaches sanity. Yeah you need Marxism-Leninism but there aren’t many of those economists in Western academia.
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I’ve studied economics as a discipline too much not to acknowledge its institutional biases. The statement “economics isn’t real bro” is a joke, but it’s a joke about how bad the state of the academy is in promoting neoliberal economics.
If that weren’t true it wouldn’t be powerful enough to turn Argentina into a fourth world nation. Milei is a product of these academic institutions.
If you actually went to or taught at a university that eludes these biases like the Braudel fans at Binghampton, you wouldn’t be scolding me for making a joke about how stupid most economics degrees render people.
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Economics departments are not real bro
The ideology is often implicit in how the model is explained. For example, 2 simple facts that go unmentioned.
@science_memes