Intelligence doesn’t imply wisdom, nor correctness, nor even common sense. You have to be able to do a certain amount of mental gymnastics to certify as an econ

Intelligence doesn’t imply wisdom, nor correctness, nor even common sense. You have to be able to do a certain amount of mental gymnastics to certify as an economics PhD, is all. That doesn’t affect the odds of whether economics is ultimately found to be a waste of time and money, though it’s useful enough at delaying a possible reckoning.