A friend of mine once said: You know what the problem is with being an economist? Everyone has an opinion about the economy. No body goes up to a geologist and says, 'Igneous rocks are fucking bullshit.'
This subreddit is the repository for all of the woeful, antiquated, or plain old misguided notions Redditors post about how the economy works.
-Please post a small explanation on why what you have posted is bad economics, doesn't have to be thesis, but sufficient length to provide context. A few sentences and counterexamples are enough. An example of a good RI's is here and here but RI's can be much shorter.
OP must write an RI. Other redditors are encouraged to provide RIs and more information.
If an RI is not written, the post will be removed until an RI is provided. Insufficient RIs will also be removed. However, users will have a reasonable amount of time (at least an hour, no more than a few) to construct an RI
This RI was determined by popular vote on VI/II/MMXV. Results here.
- Please post the link in np. mode. A link should look something like this:
All questions must be asked in the stickied threads. Do not post any "Is [X, Y, Z] bad economics?" self-posts.
No reasoning from a price change in general equilibrium.
/u/Ponderay's rule: If you state that a Nobel Prize winning economist is bad economics (e.g. if you disagree with Paul Krugman) you must provide an explanation at least two paragraphs long as to why they are wrong.
Comments on Ball and Mankiw, Lucas (1994)
The Role of Monetary Policy, Friedman (1968)
Expectations and the Neutrality of Money, Lucas (1972)
The Horse Awakens by /u/espressoself.
Praxx master Zhau by /u/arktouros, winner of Meme Day 2016.
Some great /r/badeconomics community moments.
John Kasich supporting a Balanced Budget Amendment in the 10/28/2015 debates.
The badecon joint.
/r/badeconomics realizing Marco Rubio has big ears (cannot unsee!)
Bohemian Rhapsody shitposting
A Member of the Badpire
Prime stomping grounds of armchair economists include:
Other Subreddits of Interest
/r/goodeconomics (A repository of good economics from reddit)
For more academic discussions, head over to /r/academiceconomics, /r/AskEconomics and /r/asksocialscience .
And some lighter economics subs:
For econ homework help:
Some self deprecating humour
Want to Chat?
Finally, want to chat in real time? Try the IRC