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Old 11-06-2017, 07:54 PM   #11
Greedy,Greedy,Greedy
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Re: Time for a Crash

Quote:
Originally Posted by sebastian_dangerfield View Post
Pretty much every mainstream economist. Piketty, Roubini, and Cowen note the downsides of neoliberal economic policies on labor in developed economies. But even they shrug and say, “It’s just how global expansion coupled with extreme tech advances work.”

As I said, my criticism isn’t that economists failed to find a cure. There are only palliative measures to be applied for now. It’s that they failed to get ahead of the problem, and they decried all concerns as Luddite behaviors, or as Adder has, Malthusian.

Economists are quite doctrinaire, binary in thought, and quick to herd and exclude critics. More so than other disciplines, I think, from insecurity that theirs is not a science.
Name one please. Just give me a sense of who these nasty neoliberals are. Krugman? Friedman? Stiglitz? Hayek? Galbraith? I've found it to be a trite phrase, especially in economics, thrown at someone you don't like, without any real specificity. The folks who used it mid-century all backed away from it, no one seems to introduce themselves at a cocktail party, Hi, I'm a neoliberal economist.
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