Economics is just understanding how human nature interacts with wealth. There’s no way to change the LAW of supply and demand, because it’s not a man-made law. Supply and Demand is ultimately based on human survival and people will never act idealistically or logically when it comes to survival.
Why is economics survival? Because if you can’t get enough to eat you die.
The current wave of ignorant populist socialism is based on simplistic understandings of supply and demand and wealth creation, and all of their ideas have been tried and failed.
To name one, the “wealth tax.”