economists carried out bloodless coups of central banks
around the globe, co-opting the essentially arbitrary
and political matter of setting interest rates
for themselves.
Interest rates not set by politicians? I think thats been a societal good - though I worry that the independence of the Fed could be undermined by the next president depending on how things go. [...] bolstered economics as a tool for governing
technocratically and shutting down people who disagree
with the elite consensus
The dawn of a new conspiracy theory. Economics is not a science
Correct. Lets qualify that - it is a social science. This is a stated thing and not hidden. No one claims its a science on the level of physics or chemistry. economics also lacks the basic accountability mechanism that real sciences have
In that sense, yes - its a social science. It is not the same. I defer to others on how that is good/bad but the comparison is off.I don't think the author knows what economics really is (which is shocking "Ben is in his second year of UChicago’s JD-MBA"), but hey, he made the front page on HN.