3 ms·
> Take four professors of economics into a room and ask a simple question. A question like "is this a good thing for X to implement Y", like "is this good for t
by throwawaymath 8y ago
> Take four professors of economics into a room and ask a simple question. A question like "is this a good thing for X to implement Y", like "is this good for the Great Britain to exit the EU" or "is this a good thing to increase taxes for the rich".
Just ask - you will get at least 5 different answers to every question. Those answers will usually exclude each other.
Have you actually done this? Survey results from people who have done this (such as [1]) suggest that economists frequently do come to a majority consensus.
Furthermore, if you ask a group of software engineers how to design or implement complex software. you'll find many conflicting suggestions about which languages, libraries, programming models, databases, etc to use. Does that mean none of them know what they're doing, or does it suggest that complex systems don't have simple, straightforward solutions?
I'd like to gently suggest that you might not know as much about economists and what they know as you think you do.
_______________
1. https://people.uwec.edu/jamelsem/fte/fte/efl/teacher_stuff/articles/economists_agree.pdf https://people.uwec.edu/jamelsem/fte/fte/efl/teacher_stuff/a...
- TheCowboy 8y agoI like your point about software engineers. Economics, like software engineering, is a dynamic field where knowledge advances at an irregular pace. IGM Economics Experts Panel is interesting to read example of an expert survey. Economists also self-report their confidence and how strongly they agree with a statement. http://www.igmchicago.org/surveys/trade-disruptions http://www.igmchicago.org/surveys/trade-disruptions