• Regular reminder that the Nobel Prize in Economics is not an actual Nobel Prize, it was added later and funded by a Swedish bank (which took a ton of Nazi gold btw)

    This is because Economics is not a real science and only deserves to receive awards alongside astrology, tarot reading, and homeopathy.

        • DoiDoi [comrade/them, he/him]@hexbear.net
          link
          fedilink
          English
          arrow-up
          16
          ·
          edit-2
          1 month ago

          One of my econ professors used to constantly note that we used some of the same formulas that are used in physics as a way to imply that neoliberal economics are some kind of natural, unfalsifiable system. The tools can be useful, but yeah some of the true believers genuinely think that our man made systems are universal truths.

        • vovchik_ilich [he/him]@hexbear.net
          link
          fedilink
          English
          arrow-up
          15
          ·
          1 month ago

          It is a social science. But again, you’re not making a good point. It was thanks to economists that, for example, the USSR managed to have unprecedentedly fast industrialization and growth that ultimately enabled the defeat of the Nazis. Without concepts like the Fel’dman model, or the work of Gosplan (remember, economics), none of that would have been possible.