For economics it's a tiny bit vague. As philosophy of economics it is correct in as far as it goes.The special sauce lies in how you develop the idea.

I only hold an A-level in Economics so I'm not going to pretend I can wade into debates with any kind of detail, but I do despair that policy makers and economists sit around talking theory and playing with numbers - which are completely arbitrary and artificial - when real people are suffering and the incessant dawdling is causing misery for millions.

It rather brings to mind the phrase "fiddling while Rome burns". It frightens me that in the 21st century relationships crumble, families break apart, children (and adults) go hungry and/or without shelter and people even commit suicide over something completely arbitrary that the human race invented - money.

Bad economic policy is causing misery for many hundreds of millions of people and economists are all too well aware of that. But their science deals with numbers and in truth in economics it is the numbers that are real, and the people are for the most part imaginary constructs such as homo economicus. Much the same is true of any science (real or pseudo), and it can't really be any other way.

I'm not sure we would even have a 21st century without the invention of money. Trade is what has joined nations throughout history, it makes complex societies possible. Without it your economic horizons would extend as far as swapping a pig for soap, you would be a small farmer as would nearly everyone else. Money made science, education and Celebrity Big Brother possible; the fact that one of those things is a great evil does not mean it was all a bad idea.

These suicides have my sympathy, but they are doing a wrong and unnecessary thing, and their suicidal reaction to setbacks in life is mistake. Economic concerns can never adequately justify suicide in a rich country like this one - debtors aren't sold into slavery and worked to death in salt mines, nor are they forced to sell their children for (or even as) food.

It is a shame that people define themselves in terms of a job they hold to such an extreme that they would choose to die rather than live without doing that thing they did, but it is decadent and they should stop it.