Wednesday , November 6 2024
Home / Real-World Economics Review / Neoliberal economists announce . . .

Neoliberal economists announce . . .

Summary:
From Ken Zimmerman (originally a comment) Neoliberal economists announce to all, whether they want to hear it or not regularly, those who are wealthy and powerful deserve both, and more due to their greater intelligence, commitment, foresight, and competitive spirit. They deny that prejudices of any kind, racial, ethnic, gender, political, etc. play any part in such determinations. Referencing to the old Grouhcho Marx’s joke, these economists want us to believe their theory rather than our eyes. Each day our own experiences both as ‘formal’ scientists and in everyday interactions force us to face many instances in which these and many other prejudices determine our chances in life and who and what we become. What does that make neoliberal economists? At best idiot savants. At worst

Topics:
Editor considers the following as important:

This could be interesting, too:

Merijn T. Knibbe writes ´Fryslan boppe´. An in-depth inspirational analysis of work rewarded with the 2024 Riksbank prize in economic sciences.

Peter Radford writes AJR, Nobel, and prompt engineering

Lars Pålsson Syll writes Central bank independence — a convenient illusion

Eric Kramer writes What if Trump wins?

from Ken Zimmerman (originally a comment)

Neoliberal economists announce to all, whether they want to hear it or not regularly, those who are wealthy and powerful deserve both, and more due to their greater intelligence, commitment, foresight, and competitive spirit. They deny that prejudices of any kind, racial, ethnic, gender, political, etc. play any part in such determinations. Referencing to the old Grouhcho Marx’s joke, these economists want us to believe their theory rather than our eyes. Each day our own experiences both as ‘formal’ scientists and in everyday interactions force us to face many instances in which these and many other prejudices determine our chances in life and who and what we become. What does that make neoliberal economists? At best idiot savants. At worst dangerous liars and propagandists.

Leave a Reply

Your email address will not be published. Required fields are marked *