Economics is not a pesudo science. And I'm tired of the "status quo isn't working" bit. Do you burn your house down if things aren't going perfect? Would you push your car off a cliff if you were having a bad year? The existence of set rules does not mean they should all be thrown out if you want to make things better.
Liberal and conservative economists and politicians have agreed on this for nearly 100 years. There may be debate on whether a certain, set amount of tariffs can be good/bad but you won't find a single economist who thinks blanket tariffs and the suspension of free trade is a good idea. It's insanity, and will raise prices on nearly everything we consume unless something is done.
That shyt destroyed the republican party in congress for decades, ushered in FDR and created the consensus we had until one man said fukk all that. It's insanity.
Not only is much of it rooted in assumptions,but its rooted in OLD assumptions. As if the world hasnt greatly changed. Then you add in the fact its often politicized. Then you get into data manipulation and bias,Id call it psuedo. Its more philsophy than it is a science which is fine. But once you try to pass is off as science,we have to give you the psuedo tag.
"Pseudoscience, meaning "false science," encompasses claims, theories, or practices presented as scientific but that lack empirical evidence, rigorous testing, and adherence to the scientific method, often relying on belief or speculation rather than verifiable data. "
This largely describes Economics. They have no univeral laws,they have no unified theories to do what their job describes. There job is to give advice on how to keep things stable. While also giving advice on the best way to allocate resources. This is in itself is a conflict of interest.
They clearly answer to the oligarchs. And they know there would be push back from those oligarchs if they ever ACTUALLY came up with a system that better does their job description. They have been relegated to maintaining the status quo. Rather than creating a system that properly allocates resources and works for the most people. If it was a real science there would be visionaries in economics,instead there are only reactionaries. People explaining what needs to be done after the fact,in a way that will appease their masters.
Just because it can be useful doesnt mean it isnt psuedo. Plenty of psuedo science is very useful
