How come there is such a strong vein of postmodernist thinking here? Just because all economic theories are short sighted and overly simplistic does not warrant the far reaching cynicism I am reading on this thread…
All models are flawed, and all people who come up with them over prescribe their simple models to the world we live in.
Is it just considered naive to agree with aspects of models/economic assumptions? Or is it just cooler to sit in the cheap seats and cast stones?
Don’t throw the baby out with the bath water. Not all economic theories are political hackery.