The Problem with Economists

It is known as the dark science. It has tried to turn itself into a science at various stages and it is always a joke that you can never get two to agree. They have a huge influence on our lifes as we all pretty much work in a money based economy. Their views and ideas about how an economy should be run, if they gain the ear of the politicians, can effect every single one of us.

I don't think this is their problem, their problem is their lack of historical perspective. An ecologist can look at soil samples or ice extracts from greenland, whereas most economists will only look back a maximum of 60 years and normally much much less, after all how long have we had sophisticated economies.

They should be forced to study huge quanities of history..... they should be forced to read about the worst century, the 14th, to study Roman history.... they need a far greater historical perspective.

The problem with economists is they don't take the long view, after all we are all dead aren't we Mr Keynes....Many of the policies they advise are incredibly short term , they view success over incredibly short term scales, a generation is an extremly short time scale yet we all know in historical terms this is nothing.

This is the problem with Economists, because two never agree, surely that just makes it more interesting.