Arthur Besse@lemmy.ml to Politics@lemmy.mlEnglish · 1 year agoWhy The Government Has Infinite Moneywww.youtube.comexternal-linkmessage-square21fedilinkarrow-up133arrow-down112file-text
arrow-up121arrow-down1external-linkWhy The Government Has Infinite Moneywww.youtube.comArthur Besse@lemmy.ml to Politics@lemmy.mlEnglish · 1 year agomessage-square21fedilinkfile-text
minus-squarevzq@lemmy.blahaj.zonelinkfedilinkarrow-up9arrow-down1·1 year agohttps://en.wikipedia.org/wiki/Modern_monetary_theory Of course, economics is largely pseudoscientific gobbledygook.
minus-squaredavel [he/him]@lemmy.mllinkfedilinkEnglisharrow-up7arrow-down1·1 year agoSound economics exist but they’re exceedingly rare on campus and entirely absent from corporate media. To co-opt another Henry Ford quip: you can have any economics you want, as long as it’s neoliberal.
minus-squarevzq@lemmy.blahaj.zonelinkfedilinkarrow-up4·1 year agoThey do? I’d love to have economic theories with at least some predictive power.
minus-squaredavel [he/him]@lemmy.mllinkfedilinkEnglisharrow-up4·1 year agoMarxist economists are the way to go. I would suggest Michael Hudson.
minus-squaretaladar@sh.itjust.workslinkfedilinkEnglisharrow-up2·1 year agoSome basic economic concepts like utility are useful.
https://en.wikipedia.org/wiki/Modern_monetary_theory
Of course, economics is largely pseudoscientific gobbledygook.
Sound economics exist but they’re exceedingly rare on campus and entirely absent from corporate media.
To co-opt another Henry Ford quip: you can have any economics you want, as long as it’s neoliberal.
They do? I’d love to have economic theories with at least some predictive power.
Marxist economists are the way to go. I would suggest Michael Hudson.
Some basic economic concepts like utility are useful.