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There is more to economics than Milton Friedman. Marx was a pioneer in economics and leftest theory has been robust in the field from the beginning.
Criticizing soft sciences for their estrangement from mathematics is classic antiintellectualism. The same logic would demand the disillusion of psychology, sociology, and all the critical theories that are the foundation of modern leftest thought.
You miss the point that the soft sciences are being used as an excuse for bad policy. If the soft sciences informed a model for good policy this post wouldn’t exist but instead we have the Laffer curve and trickle down economics.
No one here is calling for a disillusion of economics. It just needs to be used appropriately instead of as a voodoo magic to transfer wealth upwards.
Economists are the priests of capitalism.
I have examined the ~~goat entrails~~ quarterly metrics and determined that ~~gods~~ markets require more ~~human sacrifices~~ corporate tax breaks
Only tangentially related, but it's often accepted that there is no Nobel prize in economics. There is a Nobel memorial prize in economics (link), but as it was set up after Nobel's death it is in a slightly different category.
Economics is a subset of moral philosophy, which just happens to care a lot about mathematics but is (or should be) nonetheless primarily concerned with questions of morality.
not sure i agree per se but im willing to hear more?
maybe you mean to distinguish between economics as a study and economics as a mode of policy
Anti-intellectualism on Lemmy, it must be a day ending in y.
Calling well-earned criticism of economics anti-intellectualism is using the composition/division fallacy.
Most people's lives have been affected for decades by Chicago School of Economics voodoo nonsense, that's where much modern criticism is aimed.
• https://en.wikipedia.org/wiki/Growth_in_a_Time_of_Debt
• https://www.theguardian.com/news/2017/jul/11/how-economics-became-a-religion
And Jesus fucking Christ, the number of people in here who speak like economics is a field united behind Austrian economics is fucking bizarre.