Of economists

How can you tell an economist apart from a normal person? Well, they answer every question with the words. ” It depends..”

True…economics is a behavioural science. You cannot expect a single answer as in physics or mathematics. Every issue is complex and will naturally have multiple solution sets. Honest economists will try to estimate the chances of each of these solutions. Economists in lobby groups, political parties or in need of funding will have to chose the path that is economically beneficial to them. If I were to read the opinions of and economist and beleive them without researching their affiliations, I would be a fool.



In response to: http://indianeconomy.org/2009/01/17/can-we-trust-economists/


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s