MikeDamone
Well-known poster
Fucking Uncle Tom:
The people who understand economics are losing to the people who don't.
That's not a failure of education. That's democracy working exactly as designed.
The system doesn't reward being right. It rewards being popular. Always has. An idea doesn't need to be true. It just needs to sound good to 51% of the room.
"Tax the rich" doesn't need to survive a single economics class. It just needs to survive a campaign cycle. And it does. Every time.
The people who actually understand what happens when you set prices, raise minimum wages, and redistribute wealth have been documenting it for decades. It doesn't matter. The evidence doesn't vote.
This isn't a bug. This is the machine running exactly the way it was built to run. The people at the top of that machine don't need to be right. They need to be convincing. And convincing is cheaper than correct.
The question isn't "why don't people listen to economists?"
The question is "why would they?"
Nobody ever won an election by telling people what they didn't want to hear.
Thomas Sowell spent 60 years telling people what they didn't want to hear. That's why you've never seen him on a ballot, a talk show, or a White House guest list.
And that's exactly why he matters.
The people who understand economics are losing to the people who don't.
That's not a failure of education. That's democracy working exactly as designed.
The system doesn't reward being right. It rewards being popular. Always has. An idea doesn't need to be true. It just needs to sound good to 51% of the room.
"Tax the rich" doesn't need to survive a single economics class. It just needs to survive a campaign cycle. And it does. Every time.
The people who actually understand what happens when you set prices, raise minimum wages, and redistribute wealth have been documenting it for decades. It doesn't matter. The evidence doesn't vote.
This isn't a bug. This is the machine running exactly the way it was built to run. The people at the top of that machine don't need to be right. They need to be convincing. And convincing is cheaper than correct.
The question isn't "why don't people listen to economists?"
The question is "why would they?"
Nobody ever won an election by telling people what they didn't want to hear.
Thomas Sowell spent 60 years telling people what they didn't want to hear. That's why you've never seen him on a ballot, a talk show, or a White House guest list.
And that's exactly why he matters.