Chris Auld

David Orrell, a mathematician who works on biological problems, recently published a book called Economyths: Ten Ways Economics Gets It Wrong. Economyths is a terrible, willfully ignorant, deeply anti-intellectual book. The characterization of economic thought presented is ridiculous. The level of scholarship is abysmal. A few of the amazing (-ly wrong) things I learned about economics from this book: ・ Economists insist on using math. ・ Economists just don’t understand scarcity. ・ Economists have never heard of emergent properties. ・ Economists categorically reject bubbles everywhere and always. ・ Economists believe economic growth is always and everywhere a good thing. ・ Economists believe money and happiness are the same thing.