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not always. For example, neoclassical economics assumes people are rational and utility maximizers. You can stop right there. It's bullshit.

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The most despicable thing about bad theory is that to really know if it's bad, you first have to study it thoroughly. Ick.

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It helps if you know the theoretical underpinnings are BS, yes! But then, you have to study those to know that more often than not. Infuriating.

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Economics, at least when I was taught it, was very upfront about it's moronic assumptions. Like first class upfront.

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but most people don't have the intellectual bravery or confidence to call BS when authorities figures are spewing nonsense.

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