Sunday, January 25, 2009

Will Wilkinson Gets How I Feel Too

This is how, as he points out, the economists themselves are making it look:

What arises in my mind is the strong suspicion that economic theory, as it is practiced and taught at the world’s leading institutions, is so far from consensus on certain fundamental questions that it is basically useless for adjudicating many profoundly important debates about economic policy. One implication of this is that it is wrong to extend to economists who ad

Too sadly true.
And this as our government now heads to spend like crazy, as directed by all the opposition parties, and will surely face some major complaining from those same parties about the forthcoming budget deficit. Aarrgghh.


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