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From what I can tell, most economists are just politicians at heart and their tea leaf predictions tend to favor their politics. Am I wrong?

Sorry Jerome, but that's the feeling. On the other hand, I love your politics, er, economics.

by shergald on Fri Nov 13th, 2009 at 03:43:12 PM EST
From what I can tell, most economists are just politicians at heart and their tea leaf predictions tend to favor their politics. Am I wrong?

That depends entirely on how charitable you're feeling.

If you're feeling charitable, most economists are burdened by a set of analytical tools that were almost suitable for the 19th century (though only if you overlook the colonial charter companies), but are clearly anachronistic in the 21st.

If you're feeling less charitable, most economists know which side their bread is buttered on.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Fri Nov 13th, 2009 at 06:14:23 PM EST
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