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I read the book "New Ideas from Dead Economists" when I was in college. It's a great read. One of the recurring themes is how economists seem to always predic
by va_coder 17y ago
I read the book "New Ideas from Dead Economists" when I was in college. It's a great read. One of the recurring themes is how economists seem to always predict gloom and doom.
- 0wned 17y ago100 years ago they were predicting that the world would starve to death because of the industrial revolution. "All the people are moving off the farms, who will grow food to feed us? We will all starve to death. More and more babies are being born. The sky is falling!!!" They did not count on technology increasing food production and making it more efficient. Today, food is so plentiful and convenient that we're all too fat. To hell with economists and meteorologists too. Both groups attempt to predict the unpredictable. Why believe anything they say... ever?
- ciupicri 17y agoI think that we should also have a look at the quality of food. While the quantity of available food has increased and you can find cheap food, it's quality has decreased dramatically.