"Economics is a highly sophisticated field of thought that is superb at explaining to policymakers precisely why the choices they made in the past were wrong. A

"Economics is a highly sophisticated field of thought that is superb at explaining to policymakers precisely why the choices they made in the past were wrong. About the future, not so much." -- Ben Bernanke, 2013 (the quote is from an unexpectedly funny and thoughtful commencement speech) https://www.youtube.com/watch?v=Ww6guPQsKQo https://www.youtube.com/watch?v=Ww6guPQsKQo http://money.cnn.com/2013/06/02/news/economy/bernanke-princeton-speech/ http://money.cnn.com/2013/06/02/news/economy/bernanke-prince...