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#dismalscience — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #dismalscience, aggregated by home.social.

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  1. @Nonya_Bidniss I’m an expert in the #science of #chemistry , but a follower of #histodons.

    My grandfather, who had a #Prussian grandmother, gave me 500,000 #German marks in now worthless ‘Reichsbanknote’. 👀 ⬇️

    Does that answer your question about “What happens to regular people’s money when #fascism takes over?” #USpol #economics #DismalScience

  2. @ManyRoads '#NobelPrize winning Economists' don't even know that there is NO SUCH THING as a "Nobel Prize in Economics", so who's gonna give credence to anything they say? 🤔

    #USpol #Economics #DismalScience #FactCheck

  3. @cbarbermd As people have been saying for over 150 years, "#Economics is the #DismalScience."

    So when accountants are hired to be the CEO of an engineering company, expect DISMAL results! Duh.

    How is this hard, people?

  4. This time last year, the economy of the #UnitedStates was given a 💯 percent chance of a recession in 2023.

    There was NOT a recession, but surprising GROWTH instead! This was not *just* because economics is ‘the #DismalScience ‘, but because of #immigration filling hundreds of thousands of previously unfilled jobs, reducing #SupplyChain problems. 👉 politico.com/news/2023/09/20/t

    #MigrantCaravan #Economics

  5. Building on that boost of @BethanyBlack .

    Took Economics at A-level, aced the course. Surprised my teachers by not pursuing it at uni.

    In part because I could already see - just from the first year of the course - how economics was a pisspoor model of human behaviour.

    Nothing has changed in the years since.
    #economics #DismalScience #academics

  6. @RationalWiki Thanks 🙏 for the origin of #DismalScience.

    I would add that ‘dismal is as dismal does’ because there is actually no such thing as a #NobelPrize in #Economics !

    But they just couldn’t live with that reality, so they invented a new reality in 1969 to add to the #inflation of their self-importance! 😂

    livescience.com/16365-nobel-pr

  7. @ChemicalEyeGuy We have Thomas Carlyle to thank for the phrase "dismal science", which appeared in his 1849 tract arguing for the reintroduction of slavery in the West Indies (en.wikipedia.org/wiki/The_dism)

    The founding document of the Austrian school did not appear until 1871.

    Dismal indeed when one considered that three Nobel Prizes went to libertarians, and that only half of economics research is replicable (federalreserve.gov/econresdata).

    #economics #dismalscience #libertarianism

  8. @FrankPasquale And THAT, Ladies and Gentlemen, is why #Economics is ‘the #DismalScience ‘, which Alfred #Nobel totally ignored in his will. 🤷🏻‍♂️

  9. @ClimateNewsNow

    Thank you 🙏 for reminding us why #Economics is ‘the #DismalScience.”
Are you ready for the announcement of the #FakeNobelPrize in ‘Economic #Science ‘ next Monday? 🤔

  10. @TheConversationClimate Thank you 🙏 for reminding us why #Economics is ‘the #DismalScience.”

    Are you ready for the announcement of the #FakeNobelPrize in ‘Economic #Science ‘ next Monday? 🤔

  11. @FrankPasquale The #DismalScience is in no danger of losing its nickname. 🤷🏻‍♂️

  12. 'There's nothing special about the Fed's target inflation rate; some accounts suggest the figue comes from a New Zealand TV interview in the '80s.'

    But the media regurgitates what the Fed says as if it's coming down from the mountain on tablets.

    #Journalism #Economics #DismalScience #FederalReserve

    -

    Two Percent Is Just A Number

    revolvingdoorproject.substack.