Stop spreading uninformed populist nonsense about mainstream economics
Most of my radical economist friends [argue] ... that standard economic theory is simply an apology for free market capitalism ... The truth is quite the opposite. ... Standard economic theory provides the proper framework for analysing market failure.
Stop spreading uninformed populist nonsense about mainstream economics
A recent study of consensus among economists reveals two important facts. First, agreement within economics has been increasing over time. This likely does not come as a surprise to the populist. Economists are, after all, apologists for neoliberal turbocapitalism, so agreement is to be expected. But second, the study finds that the emerging... See more