Grumbles on International Economics
So I am taking international economics at the moment. The class is due to finish up this Saturday. It has gone fairly well thus far, though I am loath to admit that I detest math of any kind. Thus I have had some issues with the class. However, I am enjoying some validation from this class as it has revealed that some of my thoughts on economics were correct.
I do have one major grumble:
How can an entire field of study base all of its theory on the assumption that the exact opposite of reality is correct? Every ecnomic theory that we have discussed at length assumes things like the following:
1. A free market exists between all countries
2. There are no transportation costs for goods
3. Culture and tastes do not affect demand of goods and services
4. The costs to produce goods are the same across all countries
5. Individuals, firms, and governments act rationally
None of this shit is true, reality is the opposite of every assumption that these theories are based upon. Thus when the theories don't actually pan out, do they come up with a new theory? No! Instead they say that the theory is entirely correct, but that the environment is flawed. Well, of course it is flawed! This is the real world. How can these even be called theories and used for study, when every single one has been disproved in the real world.
Clearly ecnomists do not exist in the real world.