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by cantankerous 1887 days ago
Mainstream economics reads like a flat earth Facebook group when you see how many times it's failed to predict booms and busts despite being considered acceptable as such.
2 comments

There is more than one mainstream economics thinking. Not all countries and schools use the same. Some borrow parts from other schools.
Yes and sadly they almost all start from the faulty premise that money anything other than a tax credit
Especially compared to all the other systems that do a lot better which we haven’t adopted.
For example?
I think you figured it out.