applied economics wrote:
1) No need to start a debate about economics as an academic area of study.
2) No need to start a debate about economics as it relates to careers in federal or state government, at least not on this thread. No need to start a debate about economics as a career in commercial or investment banking, at least not on this thread.
3) Posters, either on the payroll of M.I.C. or were on the payroll of M.I.C. are digging in. Acting as if the whole thing cannot implode. I asked the most prolific poster on this thread about his position of now former Soviet Union summer and early fall, 1989 BEFORE the collapse of then Soviet Union. More of a recent history question than economics, would not you agree? No response. Acting as if U.S. M.I.C. is not too big now that U.S. is #1. The former #1 M.I.C. (Soviet Union) failed, not too long ago, 1989 or 1990. A reasonable question to ask.
Bruh if you studied ec and aren’t either 1) pushing out prior-affirming studies for your Washington DC fat cat funders or 2) plundering the retirement funds of hardworking Americans on Wall Street what are your options….?
Get paid less than software engineers at a tech company?
The US is significantly more prosperous and more reliant on global trade than the USSR. Comparisons are superficial at best.