What Is the Point of Economics? - BIG by Matt Stoller

Hi, Welcome to BIG, a newsletter about the politics of monopoly. If you’d like to sign up, you can do so here. Or just read on… This morning on Bloomberg TV, I watched a clip of economist Larry Summers making an argument for what to do in the event of a recession. Couched in the technical terminology was something profound about how we make political decisions. So today I’m going to write about the point of economics, as a discipline.