Who knew? Progressive economists are now attacking economics. According to Burton Abrams "progressives in the Democrat Party, backed… by left- wing sociologists and political scientists": deny basic economic principles and theory. They deny that incentives matter, that markets work better than government dictates, that scarcity and opportunity costs exist, that the laws of supply and demand are operative, that benefit-cost analyses have merit, and that economic efficiency makes consumers and producers better off.
Okay, fine. So how do progressive experience things?
They rely heavily on the vaguely defined concepts of diversity, equity, and inclusion.
In other words, politics.
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