JMMaok,
@JMMaok@mastodon.online avatar

@impactology

🤨 Not sure how you meant that.

As it plays out in the US, starting from perfect competition is usually a wealthy white man authoritatively telling others to disregard their lived experience, and it is a fairly violent part of teaching economics. Asking people to start from a position where markets don't have asymmetric information, power differentials, externalities, etc. turns a lot of people off of economics, no matter how it might simplify the math or narrative. 1/2

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