SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Booms, Busts, and Recoveries
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: MeDroogies who wrote (2830)4/23/2001 10:58:18 PM
From: Ilaine  Read Replies (1) of 74559
 
Economists, like everyone else, have to eat. And the natural patrons of economists are people who need to foresee the future - politicians and businessmen. It's only natural that economists would tell their patrons what they want to hear. He who pays the piper, calls the tune.

Now you or I might say that it doesn't seem sensible to pay a prognosticator to tell us what we want to hear, because that doesn't necessarily reflect the future. However, in a planned economy, the policy decisions made as a result of the economist's call have a way of reifying themselves.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News