Reddit reviews Economism: Bad Economics and the Rise of Inequality
We found 6 Reddit comments about Economism: Bad Economics and the Rise of Inequality. Here are the top ones, ranked by their Reddit score.
Pantheon Books
I actually find that the most frustrating people are those that actually know some Econ 101, because it's harder to correct something when there's a grain of truth. Noah Smith recommended this book on the subject
Has anyone read Economism: Bad Economics and the Rise of Inequality? I gave it a read last week and wew lad.
It's called economism.
As a minimum wage employee, you hold basically no bargaining power and are reliant on minimum wage increases.
James Kwak, the author of the article has a book about this called Economism: Bad Economics and the Rise of Inequality. He lays out a number of econ 101 problems that get corrupted when applied to policy: minimum wage, labor S/D curves, free trade, etc.
>I cannot for the life of me fathom a discipline that so eagerly professes itself a science that so assiduously avoids the standard practices of good science.
Don't worry. Here's a great source that nails the discipline ROFL
Yeah, the same response comes form every regressive after saying something racist/sexist/etc.
These people are the fucking worst, they hide behind economic orthodoxy to not admit that their ideology and economic predictions have failed, they mock people on starvation wages, mock them for wanting a fair share of their productivity, mock them for wanting true equality of opportunity for their children, all the while ignoring economic studies that contradict their unregulated marked fanatisem, in favor of what is thought by econ departments with conflicts of interest, funded by Koch backed groups.
Economics has been ideologicalised and fails to live up to scientific scrutiny. I really recommend anyone to read this book https://www.amazon.de/Economism-Bad-Economics-Rise-Inequality/dp/1101871199
or this one https://www.amazon.de/Capital-Twenty-First-Century-Thomas-Piketty/dp/067443000X
Even if they were right, if unregulated capitalism with no minimum wage, no public healthcare etc were the best way, if people working in slave like conditions all over the world and in privat prisons were the only way, and it is not, what does it say about the people in that sub mocking people for wanting a bit more than that?
This is a subject where any humor is just spitting in someones face