How Economists Can Be Useful Again

How Economists Can Be Useful Again
wikipedia

Imagine that you kept getting it wrong, not just a little, but completely and utterly.

When times were bad you thought they were good, and when they were good you thought they were bad. You argued against successful solutions, and in favour of failed ones. You predicted a rise when in fact a fall materialised; to add insult to injury, you clung to your old ways of thinking, refusing to change apart from in the most trivial of ways. In normal industries you would be finished: your collection of P45s would fill half a drawer, and you would long since have been forced to retrain into somebody of more value to society.

Read Full Article »




Related Articles

Market Overview
Search Stock Quotes