Oddbean new post about login | logout which is why things are going so well of course. its just math. based on all the freely available empirical data 🙄 (that data doesnt exist either, any more than there are "sound principles") the incentive structure is broken. as a result the "sound economic principles" are manufactured to match presupposed necessities. and then data is tainted with confirmation bias to support them. its not just economics. its every highly politically charged arena where power and money is involved.
I'm not arguing that everything is great and nothing needs to be fixed. But economic principles and the application of economic principles are two very different things. One is empirical, based on math, and the other is tainted by politicians and their perpetual priority of advancing their own self-interests. I'm speaking about the empirical stuff. The math. You're talking about the political side which I'm in complete agreement with you on.
let me ask you this then. where do you go to learn about these supposed "sound economic principles"? maybe at some point they were "two separate things" but they are de facto one now.
Well, you could learn on your own. The library is filled with good books on the subject. Or you could take economics courses in college. If you're actually interested, you could easily obtain a relevant syllabus from pretty much any university, and use that as a guide for your own self-directed learning.