this post was submitted on 22 Jul 2024
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I think you are conflating performance of economic models with the study of economic systems. Economics is literally just the study of a real phenomenon that occurs in the world. It's a valid study to try and understand why it operates the way it does.
Like 90% of economics is completely divorced from real phenomenons.
Most economics degrees expose people to the toxic neoliberalism I'm joking about in the intial reply though. It's been weaponized against the third world to horrible effect.