Sunday, July 13, 2014

Why Would Anyone Listen to an Economist?

One chart shows that most economists are useless.  Most are wrong. Take a look at the black line showing shrinking estimates for 2014 GDP.  It's happened every recent year too.


"Of all the economic bubbles that have been pricked, few have burst more spectacularly than the reputation of economics itself." – From The Economist, July 16, 2009



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