I may be only a fish and chip shop lady, but some of these economists need to get their heads out of the textbooks and get a job in the real world. I would not even let one of them handle my grocery shopping.
Sentiment: NEGATIVE
I spend my time being a retailer, not an economist.
I've felt for some time that economics needs to be taught differently by economists who actually have had experience making a payroll or investing on Wall Street. When economics is taught by pure academics, watch out.
In my long life, I have known some great economists, but I have never counted myself among their number nor walked in their company.
Economists create their own worlds. We're like little gods with our artificial economics, wanting to see what happens.
My folks are economists and have taught economics and social science so I grew up with those kind of conversations around the dinner table.
If all the economists in the world were laid end to end, it wouldn't be a bad thing.
I'm a free-market economist from years and years back, and I've never veered from that.
The good news is that economists are intelligent, engaging and often charming folks. The bad news is their work is often of little use to investors.
When better business decisions are made, economists won't make them.
People today don't become economists to make the world a better place.