Economic theories can be biased from "summary" of 23 Things They Don't Tell You About Capitalism by Ha-Joon Chang
Economic theories are often presented as objective truths, but in reality, they can be biased. This bias can stem from various factors, such as the interests and perspectives of the economists who develop these theories. For example, economists who come from wealthy backgrounds may have a different view of poverty and inequality compared to those who have experienced these issues firsthand. Additionally, economic theories can be biased towards certain groups or ideologies. For instance, free-market economists may ignore the negative consequences of unregulated capitali...Similar Posts
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