Economic theory has come to wield outsized influence over our societal goals, decisions, and policies – often relying on models that claim to optimize how human systems function. Yet the outcomes of our modern economic structures tell a different story: accelerating ecological collapse, widening inequality, declining public health, and increasing social disconnection. What if the foundational principles of mainstream economics are actually built on false assumptions that obscure the realities of our world?
This is a companion discussion topic for the original entry at https://thegreatsimplification.libsyn.com/the-myths-shaping-our-economies-the-disconnect-between-economic-theory-and-reality-with-josh-farley