Popular with whom? Newtonian physics is 'popular' because it is easy to grasp wi... | Hacker News

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		mikea1 on Sept 3, 2024 \| parent \| context \| favorite \| on: Economist Eugene Fama: 'Efficient markets is a hyp... Popular with whom? Newtonian physics is 'popular' because it is easy to grasp with a high school education. Likewise, the theories of the early David Ricardo era are easy to understand, maybe popular, but not current with academics or practitioners.

jampekka on Sept 3, 2024 [–]

E.g. DSGE models are still rather popular with academics and practitioners. And the classical economics is largely how economists popularize their field and justify policy.

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