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/

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