You are viewing a single comment's thread from:

RE: Economics is “horrendously misguided” and obsessed with “completely unimportant things”

in #economics8 years ago

"The goal is to create a utopian society with the right people in power..."

Excellent point...my gripe is that the profession has gone too far down the path of prescribing top-down policy to be imposed than on thinking of bottom up ways to reduce frictions, make markets more efficient, run value-creating businesses, etc.