Re:What to read to understand how economists think
by boppo1 on Saturday August 27, 2022 @11:35AM
(#32620138)
What are the few things they agree on?
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Re:What to read to understand how economists think
by unmole on Saturday August 27, 2022 @01:29PM
(#32621185)
Krugman and Manikw are ideological adversaries. They both wrote Macroeconomics textbooks which fully agree with each other.
Re:What to read to understand how economists think
by UmbertoNoEco on Saturday August 27, 2022 @04:17PM
(#32622762)
krugman and mankiw are adversaries in the sense one prefers the current world neoliberal order designed for the benefit of the us to be led by democrats and the other prefers it to be led by republicans
to the average citizen of the world they are indistinguishable
Re:What to read to understand how economists think
by mamonster on Saturday August 27, 2022 @01:21PM
(#32621118)
Subjectivism vs Labour theory of value is a pretty easy one.
Re:What to read to understand how economists think
by notahacker on Saturday August 27, 2022 @04:40PM
(#32622970)
Most of Econ 101, as a sibling comment notes, from basic approaches (definitions, deductive reasoning from models using algebra, testing of models with data) to detail (marginalism, "new consensus" macro modelling).
Macroeconomics and econometrics are two major subfields which literally didn't exist in Marx's day: economists may disagree significantly on conclusions and somewhat less significantly on certain assumptions models make, but they're focusing on the same variables (interest rates matter and fiscal policy somewhat matters, inflation is a thing which can be reduced, boosting employment and staving of recessions is more difficult) and doing similar maths.