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by panick21_ 1130 days ago
Economics used to be called political economy and split into economics and political science. Economists are well aware that things like 'property' and 'markets' are not some universal absolutes, but engaged in a larger social context. There are whole sub-fields of economics studying all these things.

Sure some macro economics that try to abstract over a huge amount of things, by necessary (its literally called 'macro') but even then they are aware that high level decisions have political implications.

These anti economics hate mostly generated by people who don't actually follow the discussion within the economic field rather believe in some leftist fantasy buggy man version of the economic field.

1 comments

Joan Robinson: The purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to avoid being deceived by economists.