Font size: Font face:

This is WND printer-friendly version of the article which follows.
To view this item online, visit http://www.wnd.com/2012/11/time-for-economists-to-admit-theyre-stumped/

Time for economists to admit they're stumped

Those who can answer any of these questions deserve Nobel prizes

(Reuters) It is time for economists to admit that they are stumped. Four years after being blindsided by Lehman Brothers’ collapse, the profession is still stumbling in the dark. Policymakers and pundits still make confident pronouncements, but the conclusions are radically different. The expert disagreements give away the truth: ignorance reigns.

Here are six crucial questions which professionals should stop pretending they can answer:

© Copyright 1997-2013. All Rights Reserved. WND.com.