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vzq ,

en.wikipedia.org/wiki/Modern_monetary_theory

Of course, economics is largely pseudoscientific gobbledygook.

davel ,
@davel@lemmy.ml avatar

Sound economics exist but they’re exceedingly rare on campus and entirely absent from corporate media.

To co-opt another Henry Ford quip: you can have any economics you want, as long as it’s neoliberal.

vzq ,

They do? I’d love to have economic theories with at least some predictive power.

taladar ,

Some basic economic concepts like utility are useful.

davel ,
@davel@lemmy.ml avatar

Marxist economists are the way to go. I would suggest Michael Hudson.

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