• @jazzfes
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    42 years ago

    Most policymakers fear being mocked by economists as not understanding what’s going on, as economists cloak their lobbying efforts in math and their sloppy thinking in boring tones. You can even see it in the way these economists frame their arguments to politicians, explaining away the anger that normal people feel about these commercial systems. “It is reasonable to ask why the beef cattle industry should be plagued with so many contentious issues that have persisted for so long,” wrote one economists in the opening chapter of the book on beef supply. “Much of the reason is attributable to the fact that the U.S. cattle and beef industry may well be the most complex set of markets in existence.” It’s all just so complex and ranchers can be so emotional.

    Really feels like economics at this stage is the continuation of politics by different means. Pure lobbyism…

    • @AgreeableLandscapeOP
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      22 years ago

      The field of is almost entirely capitalists with a vested interest in keeping their wealth secure, so…