freediver wrote on Dec 4
th, 2007 at 10:36am:
Deepy you seem to have a lot to say on the matter for someone who knows nothing about economics, for someone who openly rejects the rigourous study of economics.
The only people who believe in the output of an economist is the economist's family and those gullible ones for whom the economist makes a noise which sounds like their truth.
No one else takes them seriously. Here's a couple of quotes you'll enjoy.
"Economists and political leaders not only miscommunicate, but each accuses the other of incompetence, obfuscation, self-serving motives, and anti-social behavior" Rivlin
"Issues of economic policy are necessarily issues of politics. Even in theory it is difficult to distinguish between the economic and political aspects of the problem.... Even if the economist tries to distinguish between the economic and political elements in his argument, the public is unlikely to recognize the distinction. To the public an economist is an economist, and most people are not usually able, even if they were willing, to distinguish the political from the economic. ... The need to distinguish between the economic and political element in any prescription is emphasized in academic economics, but when economists debate in public they frequently ignore this distinction" Devon
"Economists have no reason to be so full of themselves as they continuously contradict each other, speak gibberish and have a miserable predictive record" Gijselaers