Quote (duffman316 @ Dec 29 2015 12:31am)
libertarians giving economics lessons
aren't you guys the pariahs of economics? it's why no one takes your people seriously afaik
Inb4 references to Einstein being laughed out of places before his success.
On a serious note, i dislike the view that economics is somewhat a hard science. That's bullshit, it's as soft as sociology or social psychology and political science, but since you can have some math in it, it suddenly becomes to some a method of obtaining the objective truth. The logically derived truths are truths only within one axiomatic system. What the axioms are reflect our values: what do we use economics for? What is money? Does it have a linear value to amount ratio? Private property?
Seeing economics as an absolute ends up with a completely ass-backwards position; economics is dictating what we do, instead of the other way around. Economics isn't an entity out there somewhere living its own life. When a libertarian lectures people about economics, he's lecturing about libertarian economics. There is nothing but logical derivation (with ridiculous speculation filling in the blanks) that resulrs essentially in a tautology. What's more important is to discuss what will such an economical model achieve and how it would help improve the quality of life for everyone involved in the system.
This post was edited by Neptunus on Dec 28 2015 05:09pm