A New Way to Learn Economics
I&#x27;m so happy to see a more realistic model of economics being taught!!<p>People will STILL call you a marxist&#x2F;communist if you point out that current economics is wrong sometimes.. very wrong.<p>Like obvious-fucking-ly when we model chickens as &quot;perfect spheres&quot; in physics we know its only a model and not reality - the model is good enough for some uses, not accurate enough for others.<p>Point out that a &quot;perfectly rational&quot; consumer and &quot;perfectly efficient&quot; markets are models - that no market is perfect just as no ball is perfectly round.. people lose their shit.<p>The dogma of the day is Free market&#x2F;capitalism GOOD , all other systems EVIL! Never mind understanding what precisely any of those words mean or correlating taught concepts to real world business to see how well they hold up.<p>To me it points to a huge failure in education really - these people were never taught the world is complex and economics is a highly simplified model that can&#x27;t hope to capture everything. No model can. They were indoctrinated in a religion called economics, distinct from a science called economics.