by Economists telling fairy tales An important point is implicit. Economics is not hard because of math. The math in even graduate level economics is no greater than in sophomore physics. Classical economics is hard because it can attack social problems in a value-free, cause-and-effect way, and upends the little morality stories that most people use to think about those problems — rents are high because landlords are greedy. John Cochrane Mainstream economists “attack social problems in a value-free way”? Only a Cato Institute fellow could come up with such nonsense!
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Lars Pålsson Syll considers the following as important: Economics
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Economists telling fairy tales
An important point is implicit. Economics is not hard because of math. The math in even graduate level economics is no greater than in sophomore physics. Classical economics is hard because it can attack social problems in a value-free, cause-and-effect way, and upends the little morality stories that most people use to think about those problems — rents are high because landlords are greedy.
Mainstream economists “attack social problems in a value-free way”? Only a Cato Institute fellow could come up with such nonsense!