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Further to my original post: "It's frightening to think that you might not know something, but more frightening to think that, by and large, the world is run by people who have faith that they know exactly what's going on." - Amos Tversky If you don't know who that is, I highly recommend doing...

Why do people take these sorts of articles seriously? Would you take it anymore seriously if it was written by Madame Zola the fortune teller? Because that is all economists are - glorified fortune tellers. There is no such thing as an economist 'getting it right'. If an economist says 'X' is...