Economics and…’shlock’ econoblurbs…

I have taught myself general relativity but have mostly failed to teach myself economics, apart from the ‘shlock’ econoblurbs of textbooks. The reason lies in the misuse of mathematics and the difficulty of defining what must be an error. Is somone applies the Lagrangian to utility theory the result is faith in professionals trained in the arcana and unsettling equivocation and disarmed skepticism in those who have among other things taken to hear marx’s warning about ideology and theory. Neoclassical economic theory is the perfect cover from economic ideology and is useful for brainwashing the highly intelligent.
The problem is that ‘theory’ in economics is beset with a set of mathematical constructs that contain fallacies not easily exposed.
The eonic effect is a useful reminder that economics, however much economic issues come to dominate history by overwhelming it, cannot serve as a science of history. In many ways this can relieve the path to socialism from the reductionist scientism that overtook marxism. A socialist society is a tall order from the perspective of scientism when it fact the problem be easily solved by taking history as we find it without the obsessions of theory which always end in overimplifying…

A comprehensive chronology of world history would be more effective for socialists than a narrow economic analysis which tends to enclose thought in its categories rather than liberating thought to…

Source: World history beyond economics… – 1848+: The End(s) of History