Wednesday, July 11, 2012

A good cause

I can't lie to you: economists are human.  Regardless of the deistic support granted to some of the more esteemed members of the profession, they are working from models that only partially reflect reality.  At best they are making highly educated guesses, and at worst, well... I could rant about a number of economists who are more concerned with self-preservation and keeping their incomes than with being right, but I don't really have anything new to add to the conversation.

To get information from the source, here is a small list of top-notch economists who admit their mistakes and are extremely vocal in the community:
Paul Krugman http://krugman.blogs.nytimes.com/
Brad DeLong http://delong.typepad.com/
Keep an eye out for Justin Wolfers' and Betsey Stevenson's prescient articles (http://bpp.wharton.upenn.edu/jwolfers/index.shtml)

There are many more, and reading through some of their articles should provide ample opportunity to explore the issues further.

NOW, THE POINT OF THIS POST!

Check out the link below and, if you agree, sign it. Having functional, open and legitimate discussions about economic policy would be a huge step in the right direction. Obfuscation of reality is one of the core problems with our economic recovery and planning, hopefully this will go a long way toward alleviating that.

http://www.manifestoforeconomicsense.org/

Thanks!

P.S.
Regular posting will be resuming in the near future



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