Do smart people with economics degrees every think about how people need to buy stuff to make the economy go vrrrrrrm, but people don't get paid enough to buy things?

[–] rsaeshalm 31 points 2 years ago

They are too busy gaming the financial system so their bosses get richer

[–] WoofWoof91@hexbear.net 27 points 2 years ago

i have heard multiple economists on the news over the years using the nonsensical "household budget" analogy for governments
you know, the whole "austerity makes sense because when your household is broke, you should spend less money" shit

[–] edge@hexbear.net 8 points 2 years ago

Isn't that the base of Keynesian (e.g. New Deal) economics?

[–] Elon_Musk@hexbear.net 21 points 2 years ago

This person probably reads theory https://twitter.com/MTCSTW1

[–] FlakesBongler@hexbear.net 12 points 2 years ago

Honestly hope the replies were just filled with theory

[–] eight@hexbear.net 11 points 2 years ago

TRPF isn't real TRPF can't hurt me (or my economy)

[–] Tastysnack@hexbear.net 8 points 2 years ago* (last edited 2 years ago)

Yeah me! chad

"Das kritical - An analysis of why everyone doesn't love and worship me and why it's probably rooted in lead consumption levels, and other interesting takes"

by Tastysnack