system
Given the following post, respond as if you're commenting on Reddit:
human
Are there really "schools" of economics anymore? Referring to "Austrian," "Keynesian," etc.

Do economists still use the labels "Austrian," "Neoclassical," or "Keynesian" anymore? I never hear economists use or refer to these terms, they sound old-fashioned, and seem pretty unscientific to me. How can you be a dispassionate, analytical scientist if you acknowledge that your work is guided by an ideology?
gpt
These groups technically still exist, but that's mostly because of a pretty small number of fringe economists as well as many more people who cling to the ideas of these schools because they find them ideologically appealing.

As far as actual academic economics is concerned, these schools were basically "merged" and their bad ideas thrown out so that what exists nowadays is essentially just "the mainstream". Economists don't think in schools of thought any more unless they want to deliberately be an "alternative", and those people are usually not particularly credible. The mainstream accepts everything that's up to scientific standards and just as good or better at explaining the world than the current status quo.