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Worshiping the sun (jemmy.jeena.net)
submitted 11 months ago by jeena@jemmy.jeena.net to c/memes@sopuli.xyz
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[-] MxM111@kbin.social 3 points 11 months ago* (last edited 11 months ago)

Are you talking about the science of economics or economy?

[-] lugal@sopuli.xyz -2 points 11 months ago

Kind of both. The science of economics is full of models with false assumptions and self fulfilling prophecies. Economy exists because we believe it does and because of said self fulfilling prophecies

[-] HiddenLayer5@lemmy.ml 3 points 11 months ago

It's not even a science. It does not use the scientific method. It's the bastard child of statistics and capitalist philosophy.

[-] MxM111@kbin.social 1 points 11 months ago

Economy exists not because we believe it does, but because we agreed to follow particular rules, many of which are enforced by state. It is emergent phenomenon. But it does not make it any less real than any other emergent phenomenon, like air pressure.

this post was submitted on 18 Nov 2023
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