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[-] tomiant@piefed.social 20 points 6 days ago* (last edited 6 days ago)

Economics:

Let's turn this

GPcR9K6y9tmO6rF.png

Into this!

rgcwMA29iKIxsMm.png

[-] Doc_Crankenstein@slrpnk.net 11 points 6 days ago

That's capitalism. There are other forms of economics.

[-] technocrit@lemmy.dbzer0.com 6 points 6 days ago* (last edited 6 days ago)

Yeah but capitalist economics is all that they teach in the indoctrination system... Unless maybe you pay for it later in college.

And TBH the scientific credentials are pretty trash either way.

[-] Knock_Knock_Lemmy_In@lemmy.world 15 points 6 days ago
[-] mental_block@lemmy.wtf 5 points 6 days ago* (last edited 6 days ago)

Agriculture is only 12,000 years old. I suspect there are many more possible levels.

[-] fossilesque@mander.xyz 3 points 6 days ago

Laugh while you can, number boy.

[-] FE80@lemmy.world 10 points 6 days ago

Any "scientific" field that produces Art Laffer is a fraud.

[-] technocrit@lemmy.dbzer0.com 3 points 6 days ago* (last edited 6 days ago)

Dude isn't even a low point in econ. People like him are the reason econ exists.

[-] sga@piefed.social 10 points 6 days ago

well i seemingly have a very different viewpoint, because the most interesting economics bits are econometrics, essentially data science - the same things all other stem folks use to find the underlying distribution, estimators, their significance, finding the p value. Using this to model whole world is just as wrong as saying all of chem is solved by taking mendelev periodic table. sourely it works, and explains some stuff, but just knowing it does not predict all of chemistry. same way, for example ls-lm model (suppply demand curve) does not explain the whole world, and good economists do not claim they can explain it (sorry for using bad examples, 1 only took 2-3 eco courses).

[-] Mauriciobravo@lemmy.world 5 points 6 days ago

Math is doing the heavy lifting, economics is just borrowing the muscles and hoping no one notices. 😄

[-] YummyEntropy@lemmy.ca 4 points 6 days ago

99% of the time it's just astrology for men.

[-] jambudz@lemmy.zip 2 points 6 days ago

Math is for useless things like solving Diophantine equations or playing with primes. I will not have math slandered by associating it with applications.

[-] Busyvar@jlai.lu 2 points 6 days ago
[-] Ensign_Crab@lemmy.world 1 points 6 days ago

Most of the time it's just people working backward from whatever conclusion suits their politics.

[-] Sunsofold@lemmings.world 2 points 6 days ago

No. Economics is the child of math, not a sibling. It's only half math. The other parent is philosophy/creative writing. That's how you end up with the myth of barter and trickle-down, the stuff based on speculative storytelling, that refuse to listen to math.

[-] wallabra@lemmy.eco.br 2 points 6 days ago* (last edited 6 days ago)
[-] Riverside@reddthat.com 3 points 6 days ago

He was the economist

[-] ILikeBoobies@lemmy.ca 2 points 6 days ago

Economics is the math of political science.

[-] quail@lemmy.ca 1 points 6 days ago

Economics is the fakest science ever. It's just perpetuating the capitalist scheme. Don't waste your time learning it. It'll all be irrelevant in the end anyways.

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this post was submitted on 26 Jan 2026
676 points (97.3% liked)

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