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Welcome to the dream economy y'all! (lemmygrad.ml)

submitted 1 month ago by [email protected] to c/[email protected]

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[–] [email protected] 91 points 1 month ago (22 children)

Are economists just stupid and truly not understand that inflation "cooling" is a worthless indicator? Prices don't go down.

[–] [email protected] 9 points 1 month ago (18 children)

Yes all economists are stupid and only the hexbears understand economics.

[–] [email protected] 22 points 1 month ago (6 children)

Richard Wolff made a great point when he said that capitalism has two college departments dedicated to teaching about it: One is called economics, whose purpose is to train people on how to cheerlead the system using purely hypothetical concepts. The other is called business school, and it exists because economics departments don't actually teach somebody how to administrate capitalist enterprise, so they have to educate different people on how to actually make the system function.

[–] [email protected] 10 points 1 month ago (1 children)

A fair distinction, but on the other hand, I’m friends with someone with a marketing degree, and they were doing puzzles and coloring in their senior level classes.

[–] [email protected] 9 points 1 month ago (1 children)

.... is this hyperbole?

[–] [email protected] 11 points 1 month ago (2 children)

No, their first team building exercise was splitting into groups and completing a puzzle together. His group did not finish.