Lame Arrogance of Economists

I cannot find a single convincing argument that tells me that astrologers won’t do better than economists. The problem is the arrogance of these economists. They’re making people rely on theories that have not worked, do not work, and are really dangerous.

Said by Nassim Nicholas Taleb, author of the excellent book The Black Swan in a NYT article entitled “In Volatile Times, Investors Tune in All and Any Predictions.”

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