My friend who is an economist, when I asked him about economic schools of thought
There are no longer schools of thought (e.g. “Austrian school economist”). Their debates have been settled. Now there is simply orthodoxy and fringe economics.
If you don’t know things, maybe just ask questions.
Like many economists, your friend is full of shit.
It sounds like he’s probably a Keynesian who thinks that it’s the one true economics and as a result every other school of thought is illegitimate fringe economics.
Sounds like something a Keynesian or one of those Austrian School nutjobs would do.
As a side note, “Their debates have been settled. Now there is simply orthodoxy and fringe” absolutely takes the 2023 Dunning Kruger Award and would have regardless of which field you were talking about.
First of all, being a literal economist doesn’t preclude him from being a literal idiot talking out his ass.
For example, Milton Friedman is a Nobel price winning economist and has been so wrong so many times that he’s probably caused more deaths and economic destruction than most wars.
Ironically, dividing all schools of thought with regards of one of the most hotly debated subjects in the history of humanity into only orthodoxy and fringe is the kind of thing that would be the fringe of the fringe within RELIGION, let alone any academic subject.
Why would that hurt when I’m not a communist? Or even if I had been?
I don’t know who you’re trying to impress with your continuously failing powers of observation, but it’s not working. If I was you, I’d stop while I was only a few miles behind.
Who told you that nonsense? Like every other thing in existence, there’s ABSOLUTELY different schools of thought when it comes to economics.
I don’t know if you have no clue about economics, what most of the descriptive words you used mean or neither.
I’m guessing it’s neither and for a bonus guess, I’m gonna say that you probably think crypto currency is going to save the world 🙄
My friend who is an economist, when I asked him about economic schools of thought
There are no longer schools of thought (e.g. “Austrian school economist”). Their debates have been settled. Now there is simply orthodoxy and fringe economics.
If you don’t know things, maybe just ask questions.
Like many economists, your friend is full of shit.
It sounds like he’s probably a Keynesian who thinks that it’s the one true economics and as a result every other school of thought is illegitimate fringe economics.
Sounds like something a Keynesian or one of those Austrian School nutjobs would do.
As a side note, “Their debates have been settled. Now there is simply orthodoxy and fringe” absolutely takes the 2023 Dunning Kruger Award and would have regardless of which field you were talking about.
“this literal economist says my beliefs are fringe so clearly he’s full of shit”
Lmao dude you can just be fringe it’s ok
First of all, being a literal economist doesn’t preclude him from being a literal idiot talking out his ass.
For example, Milton Friedman is a Nobel price winning economist and has been so wrong so many times that he’s probably caused more deaths and economic destruction than most wars.
Ironically, dividing all schools of thought with regards of one of the most hotly debated subjects in the history of humanity into only orthodoxy and fringe is the kind of thing that would be the fringe of the fringe within RELIGION, let alone any academic subject.
Sorry communism isn’t taken seriously by serious economists. I know that hurts.
Why would that hurt when I’m not a communist? Or even if I had been?
I don’t know who you’re trying to impress with your continuously failing powers of observation, but it’s not working. If I was you, I’d stop while I was only a few miles behind.