Quote:
Originally Posted by TheAxiom
Quote:
Originally Posted by other_evolved
Behavioral economics, behavioral finance, financial anthropologists, etc. all attempt to wrap the soft science around the hard science aspect of economics. It is by no means perfect, but thats why it is called the dismal science. I think you are taking an all encompassing opinion and applying it to the entirety of the discipline.
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Economics is sociology with a focus on how people spend money. It's not a true science, and I actually get triggered with we operate under the assumption it actually is one.
In fact, the whole reason it exist is to push a Hayek type model as the de facto truth of how society does/should function. |
I would say that most government economists are Keynesian. This is nowhere near a Hayek model - saying that it exists solely to push one type of agenda is a bit of an overreach. It is the attempt of many to understand and explain a behavior. Some choose to implement policy based on the understanding that they have developed.