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I think you are conflating performance of economic models with the study of economic systems. Economics is literally just the study of a real phenomenon that occurs in the world. It’s a valid study to try and understand why it operates the way it does.

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Most economics degrees expose people to the toxic neoliberalism I’m joking about in the intial reply though. It’s been weaponized against the third world to horrible effect.

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Like 90% of economics is completely divorced from real phenomenons.

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