I am glad you say soothsayers, I have been saying for decades, and even in this comment section before getting to this comment, that macro-economics is essentially astrology for MBA bros
Yeah, yeah, that’s the problems with you entrailists, always buying into the fantasy of deciphering the economy from some gore. Now a principled economic astrologer, like myself? Well, let’s just say MY portfolio has never hit red.
I find the field is only good when combined with humanities as a focal point, e.g. economic history or economic anthropology. It needs grounded otherwise it goes full American Psycho.
Econ is for soothsayers, idiots, cultists and abusers, don’t bother to change my mind.
I am glad you say soothsayers, I have been saying for decades, and even in this comment section before getting to this comment, that macro-economics is essentially astrology for MBA bros
the entrails say… “something, something, irrational exuberance”
Yeah, yeah, that’s the problems with you entrailists, always buying into the fantasy of deciphering the economy from some gore. Now a principled economic astrologer, like myself? Well, let’s just say MY portfolio has never hit red.
I find the field is only good when combined with humanities as a focal point, e.g. economic history or economic anthropology. It needs grounded otherwise it goes full American Psycho.
Economics also plays a huge role in conservation as well.
Sadly the focus is put on making the conservation work for the economic interests rather than the economy working for conservation efforts.
My econ professors did not like me that much when I had to take their classes for my conservation degree.
There are STEM versions of economics as well which really end up being more behavior science and anthropology crossed with game theory.
Game theory is good
Political Economy is the real economics degree.