EPISODE · Aug 23, 2020 · 18 MIN
The Most Shocking Conclusion of Mainstream Economics
from The Steady Stater · host Brian Czech
Mainstream economics leads to a litany of bizarre beliefs and crazy conclusions. For example, the belief in perpetual GDP growth is woefully behind the times and extremely dangerous in the 21st century. However, one conclusion—straight from the leading theory of economic growth—is jaw-dropping in its departure from sanity. In this episode, we explore this crazy conclusion, expose its fallaciousness, and explain how it gained acceptance.
What this episode covers
Mainstream economics leads to a litany of bizarre beliefs and crazy conclusions. For example, the belief in perpetual GDP growth is woefully behind the times and extremely dangerous in the 21st century. However, one conclusion—straight from the leading theory of economic growth—is jaw-dropping in its departure from sanity. In this episode, we explore this crazy conclusion, expose its fallaciousness, and explain how it gained acceptance.
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The Most Shocking Conclusion of Mainstream Economics
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