The fundamental fallacies of macroeconomics

posted by
October 18, 2011
Competitive Enterprise Institute
by William Frezza  
Posted in Commentary

"Do you sometimes wonder why economists are accorded such respect and influence given the fact that they claim knowledge over the unknowable, promote theories that are untestable, and make forecasts for which they are never held accountable? Isn’t that the definition of a witch doctor?" (10/18/11)

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