The economy depends about as much on economists as the weather does on weather forecasters.
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This quote delivers a sharp critique wrapped in humor about the often overestimated influence of experts, specifically economists, on complex systems like the economy. It highlights the unpredictability and inherent complexity of economic phenomena, suggesting that despite economists' analyses and forecasts, the actual outcomes and state of the economy unfold with a level of independence that can make expert predictions seem peripheral or even irrelevant. The clever analogy to weather and...
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