Funnily enough labour economics was taught as an elective at my undergrad in my european uni. This whole post makes me mad considering the amount of work it was getting through that bachelor’s, and especially so when you consider they literally had data science integrated as one of the optional minors… Which I took.

These people don’t have the slightest clue about economics beyond what they’re taught they manage to learn in highschool, and therefore forecast that pitiful amount of knowledge to an entire empirical field… Probably to make themselves feel better. Human discount model in motion.