True for the US and the UK, where finance is king and Chicago school economists dominate. I've always felt that economists here are the modern equivalent of soo

True for the US and the UK, where finance is king and Chicago school economists dominate. I've always felt that economists here are the modern equivalent of soothsayers: they tell their patrons what they want to hear, massaged with enough mathematical nonsense to disguise that there is nothing there but raw self-interest. By contrast, in Germany 1/2 of the seats on the board of a public company must be elected by workers. So there finance and money can't just replace engineering.