Why Economists Don’t Need To Be Able To Predict

A common criticism of economists, and the economics field in general, is that they, the economists, ‘failed to see the crisis’. But is this really important or just a red herring used to sling mud at an important profession? Because they didn’t predict, ergo the models are wrong and economists are wrong. Case closed. Economists… Continue reading Why Economists Don’t Need To Be Able To Predict