The point of economics is to create a language to exclude normal people from politics. Has nothing to do with science or truth. https://t.co/anIIEVoX9F https://t.co/YWTkqLfuHL
— Matt Stoller (@matthewstoller) December 27, 2021
I would be remiss in not noting that the use of language to exclude people from various professionalized fields is not limited to economics, it's just that there is more vacuousness to hide in economics than in many other professional endeavors.
Also, you can never go wrong by assuming that Larry Summers is wrong.
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