Tuesday 15 September 2009

The Uselessness Of Economic Forecasters | newmatilda.com

On the topic of one of my many soapbox issues (economics & economists) this New Matilda article hits the spot. I've constantly been amazed that seriously good money is paid to 'professional economists' who constantly miss the signs of what is coming that wtp (we the people) see from our armchairs. Worse, they always say "No one saw this coming!". Yes, we saw it coming! Why didn't you?

The Uselessness Of Economic Forecasters | newmatilda.com

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