Wednesday, October 17, 2012

Economists — What Good Are They?


Economists — What Good Are They? (via http://www.economicnoise.com)
Economists, as a group, are mostly useless. That was not always the case, although it has been so for much of the last fifty years. Captured by “physics envy,” economists sit in the halls of academe trying to impress one another with increasingly useless and arcane studies. This intellectual masturbation…



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