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@BethanyBlack I started reading up about economics about the same time for similar reasons. I learned that it's utterly unscientific, doesn't learn from it's mistakes and has core principles which break the laws of physics and go against basic psychology.
Now every time I hear someone is an economist I treat what they say with utter disdain. I wouldn't trust them to run a tombola stall at a village fete.
@ely_peddler a lot of that’s not true. There are lots of parts and models that are scientific, does learn from its mistakes and is based on basic human psychology. There are individuals who are often paid huge amounts of money to try to reverse engineer models based on desired outcomes and those are the ones who end up on the TV talking shite
@BethanyBlack none of the respected economists predicted the 2008 crash and they've not altered their theories since.
Supply and demand is utter nonsense, the actual world doesn't work like that, anywhere, ever.
Infinite growth breaks the basic laws of physics.
Assuming people act as homogeneous groups goes against basic psychology.
All of that is baked into economics at a fundamental level from what I can see.
@ely_peddler none of what you just said is true except infinite growth and no one sincerely believes in that anyway. Neoliberalism is the only major model that sees people as homogeneous groups, most of the rest see people as individuals with varying wants and needs that act irrationally depending on situations. You appear to have conflated neoliberalism with the entirety of economics.