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Economy is a prime example of a field where a bit of knowledge is worse than no knowledge, and nothing is more deranged than someone who has completed Econ 101, and thinking they now understand the world:-P


Most economists don't understand the world, only their theory of it. A theory which in many experiments has been show to be bonkers. Albeit useful bonkers in certain, limited, circumstances.


Spoken like someone who has never taken 300-500 level econ.




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