
Originally Posted by
The Dunster
If we believe the shit we hear from business leaders or the media we won't be learning too much about how the economy operates.
Neo-liberalism is a floored ideology that reasons from axiomatic assumptions that simply do not exist such as government budget constraints, loanable funds frameworks, Ricardian Equivalence... and so on.
It takes tens of thousands of hours to learn economics and the idea that people can roll in and read a few shitty textbooks or even get an undergraduate degree and think they understand it all is laughable at best - and yet we see it in the newspapers and on the television everyday.
The worst lot are probably the bank economists. These khunts are ****ing clueless on anything economic and instead rely on capturing regulators to make money more so than competing in any free market environment.
Not attacking you either plague because you are one of the genuine nice guys on the form. But when it comes to Neo-Liberalism I always feel compelled to stick a pin into the balloon