You are viewing a single comment's thread from:

RE: Is Economics Just Politics?

in #politics4 years ago

This is a great response! To me, though, there are two branches of economics: one that is full of maths, as you say; the other reliant on history and stories and... philosophy.

The mathematical economics is one that I always tend to reject, mostly because it seems like the maths are all based on some mythical "perfectly rational" human being, the likes of which, by the way, I've never met! So my approach is more that of the historical school of economics, the anti-Austrians if you will. But it's still economics!

Sort:  

I agree! Thinking that people are rational is more of a tale than anything else! But we can study data to understand how people act economically according to the situation!
That would give us ...
image.png

Not sure what this cartoon means, but... is it like the Spiderman meme?

It's the fusion from Dragon ball z!