[notahacker]

I mean, freshman taking economics classes and learning "here's a theory and its assumptions here's a theory of why this may be wrong and are some counter examples" is going to be a lot better informed about the limitations of theories than someone that doesn't. It's a bit like if you want to learn the limitations of models predicting weather, you probably want a meteorology course, not a list of climate sceptic blogs written by people who hate climate models more out of political objection to their implications than the detail.

You don't need to take an undergraduate course to understand basics like capitalization (i.e sometimes people value stuff now because they think it will make them more money in future, and people will be willing to sell it for less because they have different expectations, risk tolerance or investment opportunities available to them.. its not exactly one of the more controversial or less practically applied parts of economic theory). But you probably want to read an introductory text, not the guy who pronounces that it's part of the heresy of "economics" and then constructs a straw man version of the theory that actually misses the most important bits.

[littlestymaar]

> I mean, freshman taking economics classes and learning "here's a theory and its assumptions here's a theory of why this may be wrong and are some counter examples"

Indeed, except it not how most eco 101 goes, at all …

> It's a bit like if you want to learn the limitations of models predicting weather, you probably want a meteorology

Except one is actually science, whereas the other is political philosophy which pretends to be science in order to justify its perspective. Studying theology isn't necessary to be able to criticize religion. It can ne useful if you want to give theoligical criticism of religion but that's it.

Ans I say that as someone who's spent 5 Yeats studying economics for the exact reason you mention. It turns out it's ideology all the way down…

And the author is also very familiar with econ 101, he's just not reusing these concepts from the canon, because in fact they're mostly ideological ans not very helpful to understand the real world.