Top definition
Esoteric economics is a failed school of economic thought that claims wage labor and the traditional business are created by the state. Esoteric economics also argues that the state can be abolish if you just buy Bitcoin and that states are unsustainable. Esoteric economics is heavily influenced by mutualist economics and Austrian economics.

Chicago economist David D. Friedman challenged the founder of the Esoteric school of thought on a livestream and destroyed him using facts and logic to debunk his new school of thought.
Esoteric Economics: “Wage labor and the traditional business model are state creationS and 3D printers will abolish them”

Esoteric Economics: “Just buy Bitcoin and the state will go away”

Esoteric Economics: “State are unsustainable due to the exponential growth curve”
by Killing Esoteric Economics December 09, 2019
Get the mug
Get a Esoteric Economics mug for your dog Manafort.