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That's some unrealistic criteria you have there. No one is an expert in every facet of physics or maths. Yes economists specialize. As do engineers. Or doct
by Mikeb85 11y ago
That's some unrealistic criteria you have there. No one is an expert in every facet of physics or maths. Yes economists specialize. As do engineers. Or doctors.
As for pundits, there's a reason they're pundits... Is Sergey Brin or John Carmack going to host a tech segment on TV? That's silly, as silly as thinking TV economists would be as successful as people like Jan Hatzius (BTW, he did correctly anticipate the crisis of 2008, and GS bet against the market and made a killing during that time).
- rebootthesystem 11y agoI am only using TV economists as an example. The estimate is that there are well over 15,000 economists in the US. I think, in general terms, their performance is poor. This isn't about being experts as you suggest.