Economics is extremely useful as a form of employment for economists.
About this quote
- What does it mean?
- The primary value of economics is to create jobs for those who study it.
- In plain terms
- Economics is mostly useful for keeping economists employed.
- What can you take from it?
- Be skeptical of fields that primarily serve their own practitioners.
Where it applies
Putting it to work
Questions to consider
- What is the real value of this field?
- Who does this serve?
Another view
Economics does drive genuine policy and understanding in some contexts.
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