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> how so many economists could be so wrong about something that seems so obvious My experience is that with very rare exceptions, if I think experts who study
by forapurpose 9y ago
> how so many economists could be so wrong about something that seems so obvious
My experience is that with very rare exceptions, if I think experts who study an issue are all so obviously wrong, then I'm the one who misunderstands something (about the facts, the experts, or who knows what). The 'everyone's an idiot and missing the obvious' theory rarely holds up.
The study is interesting. Let's not get carried away with the interpretations of a bunch of HN users, of one news report, about one economic study, by a small research institute in Kalamazoo MI.
- atom_arranger 9y agoExperts have been wrong about a lot of things in the past. In this case I'm not saying "everyone is an idiot and missing the obvious", I'm saying "politicians and economists are idiots and are missing the obvious", because this is a case where the average non-academic person would intuitively believe outsourcing would be bad for American industry in the long run. I'm not saying that more research shouldn't be done into this, but if it's correct than the incorrect conclusions of economists helped to decimate the American manufacturing industry. If this is the case then how did things go so wrong, and how do we avoid something like this in the future?