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b_b · 1391 days ago · link · · parent · post: 'bl00's Reviews: The Deficit Myth: Modern Monetary Theory and the Birth of the People's Economy by Stephanie Kelton
Remember when "antifragile" was a thing for like a day? I remember yelling at the TV, "It's called 'stability' you fuckhead."...typical pseudoacademic econobullshit: take a common term, wrap it in jargon, then act like you've created fucking magic.
Those of us who follow economists on Twitter still deal with "antifragile" (and Nassim Fucking Nicholas Fucking Taleb) on the daily. I had a financial planner once sell me on this. The secret to success is to come up with some fucking metric within your field, popularize it far and wide, and cash in on everyone who uses it. et voila, expertise. Black Swan starts with the statement "no one predicted WWII" as if Churchill and Wilson hadn't written about it extensively.