Why do economists have the most realistic view of the world?

Question

Some people on here should take some economics courses it will greatly expand your knowledge of the world we live in. Liberals still can't understand a free-market and capitalism. Why not? have you not live in America or gone to a public school (which will teach you the basics of our government and economy) This question is for left wingers, not moderates because they tend to understand how the world economy works. Do you understand why economic conservatives want less taxes, gov't spending etc? I understand that some social programs are necessary but far-left wing liberals idealogy is slowing economic growth. Please only intelligent debate no ignorant raves. It just seems that economists have a better more realistic view of the world and if we tought more ecomomic theory to people they would understand the world economy better and stop bitching about pointless things and work harder to get better jobs.

Tax breaks do stimulate the economy look what happened under the Bush administration. Obviously putting more money into the consumers hand will stimulate an economy because those consumers will go out and buy things at least here in America, so please don't argue that. It's common sense not even economics. I think we need to find a better balance between taxes though. Yes, there is bad with capitalism and yes the government needs to regulate, I'm not arguing that, but I will point out that we have drastically improved the quality of life not only here but around the globe (to those governments willing).

Answer 1

Ecconomics is just sociology applied to capitalism. It's more of a philosophy than a science, which means that economists may understand why something happened, but they won't be able to predict anything as if it were a science. You're right about Left-Wing ideology, but economic growth is not the be-all and end-all of societal happiness. Just because an economy is growing, that doesn't mean the society is a wonderful place to live in, I can use China as an example. Great economic growth, poor civil rights and societal happiness.

Answer 2

I went to business school and graduated Magna *** Laude, so please don't tell me I don't understand economics. The fact is that the only motivating factor in an economy left unchecked is profit, not the betterment of the country, and certainly not the betterment of the poor.

Lower tax rates do not stimulate economic growth. The Laffer curve has proven to be just that, a laugh. When the rich get more money, they do not use it to stimulate the economy. On the whole they tend to use it for self gratification.

Under Clinton, (who could have gone a lot further left,) we had eight years of the strongest economic growth in history. Under Bush, who moved us way to the right, there has been 6 years of stagnation. And please don't drag out that usual bs about Reagan set Clinton up. That is pure nonsense. Reagan left record deficits that were putting a huge damper on the economy. Clinton gave us record surpluses, and then Bush crushed Reagan's old records with the deficit.

By the way, economists do not have a clear view of the world. They can argue for every possible outcome. I believe it was Truman, (not sure though,) who said he wished he could find a one armed economist because he was tired of hearing, "on the other hand."




Tax cuts have never stimulated the economy.....the last six years is proof of that.

Answer 3

When you do uncover any such individual you'll study that rationale and final result don't seem to be an dilemma within the metaphysical international. The metaphysical international revolves round simplest matters that topic; This instantaneous (the reward), recognition (love), and ones movements. The international tousled is just a notion. With the level of media, social networks, and so on. it's effortless to get an influence. When we see atrocities it's effortless to pass judgement on. How are we able to no longer. But lifestyles, whether or not it's usual or a construction of mans needs isn't intended to be simply. It is stability; love and hate, agony and pride, scorching and bloodless, profits and loses, constructive and bad, and so on. and so on. and so on. Balance, the legislation of the universe.

Answer 4

liberals very well understand your economic theories, we just find flaw in them

capitalism makes sense so long as it is moderated by the activities of government

i'll tell you, since the dawn of civilization, capitalism has been around, it is the NATURAL economic course, the problem was, is and has always been, that if left to its own devices, capitalism turns to monopoloy, monopoly creates only two classes, very rich and very poor

the government can and should intervene at times in order to direct the free market

these market checks, largely engineered by the likes of past democratic presidents has brought the u.s. much economic prosperity

Answer 5

Heard that. But you gotta watch out putting down those liberals in your question. They see those mean and nasty words and cower if fear. They don't much like answering a question like this one where they will look stupid because they have no good argument against it. I applaud the question and as I am sure you will, shall enjoy reading the ludicrous responses these people come up with.

Answer 6

I think you must make some better investigation, about economic reality, especially on the Rockefeller family....

Answer 7

please go to the ayn rand institute website and read about objectivism and how it relates and complements capitalism. We can still make capitalism work, we just need to get government out of it.

Answer 8

They are not political and therefor live in the real world .

Answer 9

because money makes the world go 'round

Answer 10

ECO-NOMISTS KNOW
that "Mother Earth" is starting to Complain !