It Is Basically Holistically Intuitive
To analyze society and the economy, and especially if the goal is to coerce peaceful individuals, an understanding of basic economics should be a must. Economics is needed to think clearly about the social consequences of individual actions and government interventions. An example a contrario was just given by President Donald Trump; the Wall Street Journal reports (“Trump Says He ‘Couldn’t Care Less’ if Car Prices Go Up,” March 30, 2025):
“I couldn’t care less, because if the prices on foreign cars go up...