Economics textbooks should come with a warning sticker…

And before any economist talks on the radio or television, they should be asked what percentage of their predictions – about inflation, jobs, etc etc – have come to pass in the last year.

There are monkeys with dart boards who have a far better predictive record than these “practitioners” of the dismal “science.” They’re court soothsayers, who say what those in power want them to say… In my humble opinion.


via here.


About dwighttowers

Below the surface...
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