Post #4264096

2026-07-31 02:17 UTC

@sophieschmieg@infosec.exchange Remember when we thought economics was a science? Good times.

Replies (3)

@adx@infosec.exchange 2026-07-31 03:32

@Benhm3@mastodon.social @sophieschmieg@infosec.exchange Economics: lying with statistics.

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@adx@infosec.exchange 2026-07-31 03:33

@Benhm3@mastodon.social @sophieschmieg@infosec.exchange Economics: making shit up with statistics.

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@simplegentleman@mastodon.social 2026-07-31 04:25

@Benhm3@mastodon.social @sophieschmieg@infosec.exchange Economics is a science. Friedman and other conservative economists explicitly rejected empiricism and convinced politicians to go along with their economics of speculation. Keynesian economics is empirical and has the data to back it up. Unfortunately, most voters don't understand it and billionaires don't like economic stability (boom/bust cycles help them hoard more wealth), so we don't really do that economic science stuff unless there's a major crisis.

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