Bad Economics

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A friend of mine once said:

You know what the problem is with being an economist? Everyone has an opinion about the economy. Nobody goes up to a geologist and says, "Igneous rocks are fucking bullshit."

This community is the repository for all of the woeful, antiquated, or plain old misguided notions people say about how the economy works.

Rules

RI

All posts must explain why the content is bad economics. You don't need to write a dissertation, but at minimum write a paragraph or two with sources.

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