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Re:The most precious resource is agency by mc32 on Wednesday June 30, 2021 @10:40PM (#27695786)
Economists just try to explain things. They don't make economics. The nation and enterprises big small in concert make an economic system. But, go back far enough in the past before nations and businesses and economics were still in play.

It's like numbers, it exists even if we are ignorant of it.

Re:The most precious resource is agency by planet-and-halo on Wednesday June 30, 2021 @11:38PM (#27696040)
Ideally that'd be true, but many economists are prescriptive and help make policy. (I also don't mean to pick on economists especially; many other intellectual enclaves have contributed to current management philosophies and national policies.)
Re:The most precious resource is agency by ryloric on Thursday July 01, 2021 @12:37AM (#27696294)
Explain things to what end? So that we can use those explanations to make economic decisions which they can explain again.

Even the least prescriptive economist is going to be a part of this cycle.

Re:The most precious resource is agency by Aerroon on Thursday July 01, 2021 @07:52AM (#27698195)
There are economists who try to explain things, but there are also economists who really want to influence policy/politics. It's hard to separate the two. After all, most economists of renown are advocates for some policy they think is best.
Re:The most precious resource is agency by vincentmarle on Thursday July 01, 2021 @07:10AM (#27698007)
Milton Friedman is a good example of an economist who actively tried to influence economic policy