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.

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via here.

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About dwighttowers

Below the surface...
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