Its a completely thank-less professn,tht invols many rigors + devotion, the avg persn dsn't even undrstnd a 10th, yet feel fit to criticize
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You can say that again!
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They couldn't predict crash & can't explain stagnation since. None of them even understand role of demand in an economy. Its all voodoo now
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So what are you suggesting then? How do we understand scarce resources? How do we raise money needed to keep our country running?
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Resources are not scarce. There are literally trillions of dollars hoarded or in speculation, not in productive investment. in too few hands
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Then again a magazine called The Economist would say that.
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Economists are not prophetic wizards, but a start to understanding our most pressing, quantifiable issues. Ignorance isn't an alternative.
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Keynesians deserve it
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