Economics is a tool, and yes of course you can get different conclusions based on different assumptions. Doesn’t mean economics is bad, just means it is being used in different ways and for different purposes. Same with statistics. assumpsions are important.
The economy is a fake religion we made up to explain the psychology of mass amounts of peoples spending habits. Then we put everybody’s money into 401ks bcz it was cheaper than pensions, and told them if the economy does bad they don’t get to retire.
![Jurassic [Saturday Morning Breakfast Cereal]](https://www.smbc-comics.com/comics/1729111734-20241016.png){kind=link}
Economics is a tool, and yes of course you can get different conclusions based on different assumptions. Doesn’t mean economics is bad, just means it is being used in different ways and for different purposes. Same with statistics. assumpsions are important.
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The economy is a fake religion we made up to explain the psychology of mass amounts of peoples spending habits. Then we put everybody’s money into 401ks bcz it was cheaper than pensions, and told them if the economy does bad they don’t get to retire.