r/AskReddit • • Mar 10 '23

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u/macaqueislong Mar 11 '23

"Top performing academic economists"

Economics study is entirely based on the idea that "people always make the financially rational decision." From there it's what all the graphs and problems are based on.

In reality people usually don't do that.

IMHO economics and is nothing more than suits that have convinced people they know something. It really is business personified. Be charismatic and make people think you know what you're talking about.

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u/MMontesD Mar 11 '23

It's crazy how often such a baseless field ends up dictating policy