The Stand-Up Economist: a personal favorite
This is true, informative (if you have already tirelessly memorized the original ten principles) and worth the watch. It’s the basic idea behind two of my favorite quotes about economists:
If you spent fourteen minutes talking to an economist, you’ve wasted twelve minutes. - Author Unknown If all economists were laid end to end, they would not reach a conclusion. - George Bernard Shaw
It’s the problem with economics, and a lot of other things in this world. People who become experts don’t always know everything, but they have more resources. In the world in which I live, repeating something still doesn’t make it true, how about in your reality?
One Response to 'The Stand-Up Economist: a personal favorite'
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“People who become experts don’t always know everything, but they have more resources. In the world in which I live, repeating something still doesn’t make it true, how about in your reality?”
How true - and in practice, higher level expertise means that the conclusions get more subtle, less clean, or sometimes downright useless.
Repetition doesn’t make it true, but can sometimes sway the press or the public.
catofgrey
21 Apr 08 at 3:30 pm