“They (economists) must set aside their contempt for other disciplines and their absurd claim to greater scientific legitimacy, despite the fact that they know almost nothing about anything.”
Thomas Piketty, Capital in the Twenty-First Century
“An economist is an expert who will know tomorrow why the things he predicted yesterday didn't happen today.”
Laurence J. Peter
“Some student asked if he [Larry Summers] didn’t have essentially the same relationship with Bob Rubin. Wasn’t Summer’s opposition to capital controls just a sop to Wall Street banks, which wanted to recoup their risky investments regardless of how doing so affected the country in which they had invested?
'Summers just lost it,' said one audience member, a business school student. “He looked at the person and said, 'you don’t know what you’re talking about and how dare you ask this question of the president of Harvard?'”
Richard Bradley
"When the economy was very obviously building towards the financial crisis of 2008, how many economists were ignoring the bubble conditions, preferring to keep their noses in their statistics, a willful condition that I call data blindness.
It is not safe to see too much, and even less safe for the career minded to speak out against the actions of powerful insiders who control the benefactions of position, and the perks of the privileged class. It is much more judicious to hide one's nose in a selective book of statistics, ignoring the reality, and relying instead on being data blind or ideologically blind to what is really happening.
It is easier to say 'I didn't know of this injustice' and afterwards, 'who could see such a thing approaching?'
And then let it happen all over again."
Jesse 21 August 2014
- Forums
- Breaking News
- 132 deaths in Australia from the trial covid vaccination between 01/01/21 - 02/05/21
132 deaths in Australia from the trial covid vaccination between 01/01/21 - 02/05/21, page-136
-
- There are more pages in this discussion • 133 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)