@corbettreport did a video called "Why are economist always wrong?" Wherein James gives a fantastic breakdown of the foundation that the soft science economics built upon. One reason economist are always wrong is because their whole school of thought is built on the wrong foundation. A catalactition, on the other hand, has a foundation better suited for the kind of information people look to get from an economist. In short, Paul Krugman is an economist & Jeffery Tucker is a catalactition. Mr. Corbett does a much better job laying this out sooooo.... here's the link. https://steemit.com/economics/@corbettreport/1nyuash5
@corbettreport did a video called "Why are economist always wrong?" Wherein James gives a fantastic breakdown of the foundation that the soft science economics built upon. One reason economist are always wrong is because their whole school of thought is built on the wrong foundation. A catalactition, on the other hand, has a foundation better suited for the kind of information people look to get from an economist. In short, Paul Krugman is an economist & Jeffery Tucker is a catalactition. Mr. Corbett does a much better job laying this out sooooo.... here's the link.
https://steemit.com/economics/@corbettreport/1nyuash5