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by icelancer 3086 days ago
>> One of them is they completely and utterly ignore the importance of income and social stability.

This is literally an entire field of focus of economists and one of the fastest growing ones in the field. Have you considered that maybe you are the one that is ignoring the second-order effects of being a proponent of rent control and how it helps a specific person over a population?

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Or perhaps maybe you ignore that that unfettered capital and a flattened banking systems so beloved of economists is the actual root cause of these problems?

Fundamentally modern economics despises the use of any other type of social control and signaling other then capital. Solution's to all problems must be in the context of markets.

One can see the effect that has had on middle and lower income families. And on our political systems. Where families are starved of resources and politicians are fearful of exercising independent political power on behalf of the voters.

That's the system that economists insisted was going to work much better than the system we had before.