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mikea1 | 1 year ago

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.

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jampekka|1 year ago

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.