The meltdown of 2008 was a wasted crisis... because the homeowners were not bailed out. The financial sector was bailed out, the banks... the bankers… - John Komlos

Although scientists have been interested in the study of human height from a medical, biological, or anthropological point of view for centuries, economic historians became aware of the implications of quantifying al status only recently.

So why were economists so wrong? The problem is that economics is an axiomatic theory, it's deductive, based on assumptions almost all of which are false [with] too many omitted factors, and they don't care about contradictions. They don't care about people killing themselves... That's not an economic problem.

[M]ainstream economics is fundamentally flawed [and] ignores the elephant in the room, which is the real existing economy.