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History of Economic Thought

A lesson for undergraduate economics classes. Economists those died hundreds of years ago can still fuck your mind because of this lesson. Some of them claim that value can only be determined by demand and others begin to blend them by being foolish, because, according to them value can only be determined by supply or something fucking else.

I used to think that Karl Marx is a merit figure in history because he tried to solve the poverty problem but now i think he's fucking crazy. You will see his name in everywhere if you are am economics student. In Sociology, in macroeconomics, in microeconomics, in comparative world economy, in politics...
In 2nd the January which is follower of the 2015's first day, i have a final term for History of Economic Thought.
by ch32 April 4, 2015
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economic liberty

Unbridled greed.
I exercised my economic liberty at Ampad when I worked at Bain.
by BainDrainsYouDry January 17, 2012
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Economics

A deceiving ahh subject that makes you feel like you smart when you discuss it verbally up until the moment you're in the exam hall
I've been having a headache all day... probably cause I have that Economics test tomorrow..
by myanonymousunseriousahh June 17, 2025
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West's Theory Of Specific Economic Destruction

Summary: AI will specifically destroy jobs created by computers in the first place, preserving 'offline' jobs, while minimally impacting work quality, and preserving gross productivity.

1) The jobs that AI destroys will largely be isolated to many of the same jobs the computers created, facilitated or enabled, 2) The more that workers in a given field were reliant upon computers, the lower the percentage of them will be required to accomplish the same output after AI is deployed; this reduction in demand for workers could be up to 90% in some market segments. 3) When this happens, work quality only suffers slightly; 4) When this happens, productivity is not reduced, and some companies may scale-up fewer workers to surpass previous productivity levels.

The take-away is that jobs that were largely or entirely not dependent on computers (or which predate computer) will be less impacted by the rollout of ML and AI. These jobs include carpenters, police, paramedics, doctors, refuse workers, power linesmen.

This will remain true until corporations push culture if not laws to have androids perform those remaining jobs left to humans (e.g. carpenters, police, paramedics, doctors, refuse workers, power linesmen). At that point, society will debate whether productivity is more important that anthropocentrism and protecting a moralized, industrious, human populations.

Put forth by Zackery West, marketer, in 2024.

reworded and resubmitted
"I'm a USPS door delivery mailman, so, according to West's Theory Of Specific Economic Destruction, my job delivering mail should be fine even if the Postal Service grows more efficient at correctly routing addresses and scheduling delivery drivers."
by Zack West February 18, 2024
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Hasan Economics

A braindead economic policy or opinion, which can often be seen held by Hasan Piker
A millionaire communist - that's some Hasan Economics right there.
by Longboyy February 10, 2024
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Economically lynch

Losing or depleting of African American economic wealth/investments in a short amount of time for an alleged offense with or without a legal trial. Created by Rodney E Orange
Kanye West has been economically lynch following his departure from partner Adidas.

P. Diddy has been economically lynch following his latest sexual lawsuit.
by Orange,R November 28, 2023
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Nickel and Dime Economics

Governments tax people through excess fees, legal penalties, and other forms of taxation in the hope to recoup revenue.
one city in Missouri imposed many new fines and taxes to add revenue to their budget. The method they implemented is called Nickel and Dime Economics
by jondich September 20, 2022
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