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news@hexbear.netEnglish · 8 months ago

Nobel laureate economist savages his own profession as clueless and unethical

www.crikey.com.au

cross-posted to:
economics@lemmy.ml

102

Nobel laureate economist savages his own profession as clueless and unethical

www.crikey.com.au

☆ Yσɠƚԋσʂ ☆@lemmy.ml to

news@hexbear.netEnglish · 8 months ago

cross-posted to:
economics@lemmy.ml

Nobel Laureate economist Angus Deaton has delivered a ferocious rebuke to his own profession, saying economists have failed to understand that capitalism is about power.

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☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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western economists are just clowns coming up with excuses to justify rich people’s feelings
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  me screaming Ceteris paribus in a crowded lecture hall as I slowly shrink and turn into a cob of corn

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