What Have The Economists Learned?

Interesting item in the Toronto Star about the so-called “Chicago School” of neo-con economists, whose free-market doctrines laid the groundwork for the epic global financial crisis we’ve just endured.

Some of them have been converted to Keynesianism, but there are others still in denial.

The best part of the article was the following comment that a reader made.

Why does society pay so much heed to economists, and so little heed to astrologers, when their records of predictions are about the same?

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