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I can't quite tell if you are being sarcastic. I also can't quite settle on what is more concerning, if you are serious it implies that you think economists are
by frankfrankfrank 5y ago
I can't quite tell if you are being sarcastic. I also can't quite settle on what is more concerning, if you are serious it implies that you think economists are just ranchers that herd their cattle at a whim, or that you think they will be able to exert those powers flawlessly and in self-less ways without screwing it up like all other instances of command/planned economies in human history.
- whimsicalism 5y agoNeither, I certainly don't think they execute flawlessly/without screwing up. I'm making the much more defensible claim that if we took you and the GP commentator and put you in charge of the Fed, the economy would go into a recession.