> Last week, while attending an economics conference in Washington, I discovered one particularly clear sign of the economy’s struggles — namely, that it keeps

> Last week, while attending an economics conference in Washington, I discovered one particularly clear sign of the economy’s struggles — namely, that it keeps performing worse than the experts have predicted. Sounds like the "experts" aren't that good at their jobs and so are blaming "the economy" for making them look like fools. What do you call an expert poker player who loses every hand? A loser. Money talks, bullshit walks. Economics is a hack field, no matter how many Krugmans pretend they're gods. "Discussing growth without concern for fragility: like studying construction without thinking of collapses. Think like engineer not economist." -- Taleb