Russ Walsh on the many failures of economists

http://russonreading.blogspot.com/2014/09/vams-stupid-economists-tricks.html?spref=fb&m=1

Russ Walsh does a good job skewering many of the ways that economists have failed to predict or prevent recessions and do an even worse job in thinking up fancy mathematical schemes that have nothing to do with the real world. He thinks that “value-added” is the worst of the lot.

Published in: on October 1, 2014 at 6:26 am  Comments (1)  

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One CommentLeave a comment

  1. Thanks for the shout out, Guy. I appreciate it. Hope to see you again soon. And that you for all the good work you have done in publisizing the Rhee hoax in DC.

    Like


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