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Economists have to use something to make it seem like they themselves are being productive. Which voodoo would you prefer they use to measure the unmeasurable?
by oldmanjay 11y ago
Economists have to use something to make it seem like they themselves are being productive. Which voodoo would you prefer they use to measure the unmeasurable?
- civilian 11y agoI'd prefer they be honest with themselves and use crystal balls.
- gnarbarian 11y agoEconomists are like meteorologists, they can always explain why they were wrong yesterday. I pity them really. They desperately want to make a solid argument derived from data, but the data they used and the way the split it between innovation derived growth and rent seeking derived growth is spectacularly wrong.