Quotulatiousness

September 3, 2010

“Admitting you’re a fan of economics is another way of saying you live a deeply tragic life”

Filed under: Economics, Media — Tags: , , — Nicholas @ 09:33

David Harsanyi loves economists — at least the ones he can quote to support his articles:

[. . .] I can’t seem to get enough of economists who blog about human behavior or write wickedly counterintuitive books about how all the bad things we do are good for society.

Professionally speaking, economists are also vital. Where else are columnists going to find a Ph.D. to corroborate all the gibberish we put in our pieces?

But the most crucial lesson I’ve gleaned from smart men and women who practice the dismal science is this: Those who claim to grasp the vagaries of the economy enough to predict the future with any amount of certitude are charlatans.

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