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Academic economists seem to think they're doing a lot to address bad economics by endlessly rehashing big, important arguments and issues from days gone by, tramping in a little huddle down well worn paths, thrashing the bushes. Bad #economics of today simply looks on and laughs.
The bad economics of today that is causing all the problems is not on that path. It's an altogether more elusive beast, hinging not on explicit, considered, astute disputes, but on rhetorical chicanery, mistakes, errors, lacunae, conflation, equivocation. #economics
To address the bad economics causing all the confusion, conflict, and anti-democracy sentiment, I contend all one need do is think seriously about what orthodox neoclassical welfare economics really says and address the view it says something else. #economics
When we're all again clear on what orthodox neoclassical welfare economics actually says, it becomes that much easier to discuss the pros and cons of neoclassical economics itself. Simplify, don't complicate. That's my motto, or one of them, anyway. #economics
