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A country implements certain policies and after some time effects are seen. Conclusion? It depends. Do the like economists like the policy, yes or no? Have thin

A country implements certain policies and after some time effects are seen. Conclusion? It depends. Do the like economists like the policy, yes or no? Have things gone well or bad? 1. No. Bad. Things went bad because country did not do as economists said. 2. Yes. Bad. Things went bad because country did not deal with past policies that economists don't like. 3. No. Good. Things went well because of past policies economists do like. 4. No. Bad. Things went bad because country did not listen to the economists. Economists are always right. There's always enough of the ideal and the non ideal going on to establish the desired causality, and negligible chance of exact recurrence. I only take economists seriously when they talk densely and fluently about history and its complexities. I recommend Mark Blyth.

devoply 7y ago
> Economists are always right. There's always enough of the ideal and the non ideal going on to establish the desired causality, and negligible chance of exact recurrence. Type 2 chaotic system. Economists never know wtf they are talking about. They are speaking about history. You can not make conclusions from history. The more dense your non-sense, the easier it is to bullshit. You have a pool of economists, you are a rich person or you are a political party that subscribes to certain political myths. From the pool you find the guy that says what you want to hear, they become your champion. The news papers that support you start talking about them. The universities that they grew from receive more funding from you, where you have various schools. You start talking about their theories and how they make perfect sense. You use that to push your political objectives and get policies passed. Things get fucked. Those policies fall out of favour, but not before making millions if not billions for certain people who pushed those. Wait a decade, find a new economist, rinse and repeat.

devoply 7y ago

> Economists are always right. There's always enough of the ideal and the non ideal going on to establish the desired causality, and negligible chance of exact recurrence. Type 2 chaotic system. Economists never know wtf they are talking about. They are speaking about history. You can not make conclusions from history. The more dense your non-sense, the easier it is to bullshit. You have a pool of economists, you are a rich person or you are a political party that subscribes to certain political myths. From the pool you find the guy that says what you want to hear, they become your champion. The news papers that support you start talking about them. The universities that they grew from receive more funding from you, where you have various schools. You start talking about their theories and how they make perfect sense. You use that to push your political objectives and get policies passed. Things get fucked. Those policies fall out of favour, but not before making millions if not billions for certain people who pushed those. Wait a decade, find a new economist, rinse and repeat.