Economics Was Never Meant to Be a Science Project Before the number crunchers hijacked the field, economics was about human behavior—what people value, how they act, what they choose. Then came the technocrats. In the early 20th century, Alfred Marshall and his ilk tried to stuff this complex, chaotic thing we call the economy into mathematical straightjackets. Why? To make it look like physics. To give economists and, more importantly, governments the illusion of control. That’s how we got Frankenstats like the CPI—numbers so abstract, so massaged, so disconnected from your reality that they only make sense to the elite priesthood of central planners. But the real world? That’s a different story. The Price Level Is a Phantom The idea…
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