4 ms·
To be fair, there might not be anyone who can opine on economics and be correct. It's all either survivor/hindsight bias, or making indistinct, unverifiable pr
by edmundsauto 7y ago
To be fair, there might not be anyone who can opine on economics and be correct. It's all either survivor/hindsight bias, or making indistinct, unverifiable predictions.
Economics happens to have high stakes, so people flock to it. Nobody really knows what's going on.
- WalterBright 7y agoWe do know a few things, such as attempts to repeal the law of Supply & Demand fails again and again. We also know there is no Free Lunch, as every effort to implement one has failed. It's like I am no physicist, but I know that anyone who claims he's invented a Perpetual Motion machine is either a fraud or made a mistake.