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RE: Economics is “horrendously misguided” and obsessed with “completely unimportant things”
Totally; economics has become misguided. Although some intellectuals have always misunderstood it, it has now become the law. The goal is to create a utopian society with the right people in power rather than to describe the consequences of anyone's actions, as an individual or in a group.
"The goal is to create a utopian society with the right people in power..."
Excellent point...my gripe is that the profession has gone too far down the path of prescribing top-down policy to be imposed than on thinking of bottom up ways to reduce frictions, make markets more efficient, run value-creating businesses, etc.