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Economists are Morons

Vox has finished writing a book about why evolution is wrong . He did the detailed work of figuring this out and then testing it and also using AI (the most suspect part of all but not one that will alter the truth in this specific aspect, or at least not fundamentally, even if it turns out AI can’t do math, logic or truth, because the core work was done by Vix prior to AI).

Good for him and well done.

I being more of a generalist figured evolution was wrong back when I was 26 in 1995, and wrote The Face on Mars (updated in 2014) but the issue was so obvious in the general sense, that I could never be bothered to do the work concerning the details.

The same with economics, and the theories economists come up with to describe it, which I realised was nonsense on some level at age 4. I shit you not. The I made the common error everyone does of assuming the boring people who look into that stuff must know something I don’t and be smarter or maybe just more interested in something so dull than I am.

Then I very briefly started a business university diploma and took economics as one of the subjects thinking “alright, I am gonna learn about this stuff finally”.

Two months in I dropped out and later went on to study civil engineering instead. Why?

Because EVERYTHING I was being taught, every theory in the textbooks and even the practice of actual accounting, was a lie.

It was utter fucking nonsense that had no bearing or relationship to reality other than all the other morons that got told it believed it and acted as if it was real or made sense.

It’s not.

Which is not to say it doesn’t have real consequences. Lies always do.

Much as there are consequences to believing giving hormones to a child and mutilating their bodies can change their sex.

The fact is that although on the same post there is an analysis of economic theories that are flawed and there is indeed the detail for it, the reality is that those details are and always have been part of the reason why the theories are nonsense.

And although the details may improve the model, I very much doubt that the new model is all that close to reality either.

Economics is probably more complicated than weather due to the irrationality of humans, the rigged game, and factors of politics that can change that rigged game for reasons too absurd or outright evil to contemplate.

The fact that all sorts of financial systems “rely” on these absurdities and that mainstream economists are either absurdly stupid, almost always wrong, or shills for the grift, means that economists are basically no better than clowns juggling invisible balls.

Which is why I never cared what they say at all.

Just paying attention in general and keeping things simple and common sense will usually get you further than trying to play their game unless you are one of the insiders, the idea of which I find even more repulsive than trying to act as if all their nonsense is based on anything even resembling reality.

Your milage may vary, of course, but that’s my take and it’s worked fine for me. I not always had gold or cash, but I always had copper covered lead. Because if/when the SHTF, it’s the only real currency that counts.

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This post was originally published on my Substack. Link here

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