/leftypol/ - Leftist Politically Incorrect

What are you talking about the economy is literally just magic commie maybe read up on Praxeology.

As regards the last question: I think one of the advantages they have is that if you google shit like "economics without maths" you'll get recommended the Austrians, because rather than using maths they derive everything from just-so stories about human psychology, theoretically derived from axioms but really working back from a cut-out conclusion. Modern mainstream macro is so into LARPing as physics that it struggles to just say: "Read a HS econ textbook my dude, no maths there", so Austrians fill the gap.

>What made the Austrian school of economics so bankrupt
countries are controlled by governments.
the government would rather have its hand in the economy then not that's why the Austrian school was never adopted

>>407326
I honestly think as Marxist we should move away from the term economics and use resources distribution. Economics is a theology, were the "economy" is a God that needs to be appeased. The only way to appease it is to sacrifice more for the ruling class. God is dead and the economy replaced him. The modern priestship, the economist tell people that mere mortals can't understand the economy and its beyond our nature to do so. They also say things that will help workers will displease the economy and workers need to sacrifice as much as possible and maybe the economy will reward them someday. It's all bullshit.

>>407395
True because economics isn’t really a science per se, it’s a social system

>>407326
The magic of the free market

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