 I’m a bit late weighing in on the Michael D “economics is rubbish” debate but I thought I’d lend my own perspective nonetheless as someone who has just come through the academic system. I completed my BA in economics 22 years ago, on 9/11. Sadly, my graduation day will obviously be remembered for the wrong reasons.
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 As part of my final research for my masters, I decided to carry out a study on the effects of gross fixed capital formation (GFCF) on labour productivity in Ireland from 2000-2022. GFCF is capital investment in roads, railways, factories, infrastructure and other productive assets. It is widely regarded as one of the best predictors of long-term economic growth.
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