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Top economists call for action on runaway global inequality
(www.theguardian.com)
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this post was submitted on 17 Jul 2023
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The majority of polled economists in the US do not support getting rid of student loan debt but continue to argue that the Wall Street Bailouts were a good idea. The Brookings Institute for example publishes near monthly articles on the subject.
Economists are not objective. They work for banks. They tells us what banks want us to think.
This is so far from being the truth. Please get an economics degree and see if you still think that.
I don't know if I like this place. Everything is so conspiratorial.
First off I don't need a degree in theology to be an atheist. Nor a degree in Chiropractic "medicine" to know that it is dangerous bullshit.
Secondly, what did I say that factually was not true?
Sorry, you should ask for your money back. Go hang out on like reason.org or some economists blog and circle jerk each other on how great student loans are.
Correct, you don't, because those are garbage disciplines based on nothing whereas economics is decidedly not. Economics is the study of constrained choice, using rigorous math to model these scenarios and applied statistics to test the models. Any 1st or 2nd year course you take in economics isn't revealing truisms about the world - they are introducing concepts and highly simplified, abstracted models so that when you get into upper year courses and you start using extremely heavy math to make more realistic models that are serious attempts to explain actual human behavior, you're not completely lost.
You take at face-value that certain subsets of economists argue in favor of bank bailouts but against student loan relief is proof that they're evil, or garbage, or bought and paid for, without even understanding the arguments. The bank bailouts were loans which the banks paid back - would you be fine with the government giving out more loans to pay off existing student loans?