Elite Idiots #shorts
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Description
Top level economists, either ones that come from prestigious universities and get the prestigious jobs, overwhelmingly living lives where they are from elite universities, elite private schools, rich families, everybody they know is from that background, and they have a whole f***ing idea what's happening in the real world. They've got a whole f***ing idea. So you have this whole world of economics where nobody knows what's f***ing happening in the lives of ordinary people. with the guys it is crazy it is this is it's and you know you look at it and it's sometimes it's profoundly depressing i think you you have to look for the humor in a way you know you look at these guys like george osborne and like andrew bailey and you know they look so smart in their suits they don't know what the we're doing they do not know what the and the worst of it is they don't even know they don't know that's how bad they are that is seriously this and and nobody the city gives a f**k about them. We know they're a bunch of idiots.
The short opens with a sharp critique of mainstream economics, arguing that most top level economists come from elite universities and privileged backgrounds, and therefore have little understanding of the real lives of ordinary people. The speaker contends that this disconnect creates a pervasive blind spot in economic thinking, with theorists articulating grand ideas while lacking practical insight into day-to-day struggles. The tone is combative and satirical, emphasizing that those in the economic establishment appear confident and polished yet repeatedly miss the mark on real world outcomes. Specific targets include figures associated with prestigious institutions, whose fashion and demeanor are contrasted with a supposedly failing grasp of economic reality. The piece culminates in a pointed assertion that this disconnect benefits no one and that the public feels largely ignored by policymakers and intellectual elites. Overall, the short uses humor and blunt critique to question the competence of influential economists and to provoke reflection on who gets to set economic policy.
Topics · politics · economics · society · satire/critique