Why Economists Are Always Wrong

Featured Video Play Icon

Source: The Corbett Report

February 24, 2018

James Corbett

The state of affairs in economics is not just embarrassing, it’s downright perplexing. Economics is a science, right? It must follow some ironclad laws of the physical universe then, mustn’t it? But somehow we always end up asking the same question: Why Are Economists Always Wrong?

This video (Why Economists Are Always Wrongwas originally created and published by Corbett Report and is published here under a Creative Commons license with attribution to James Corbett and CorbettReport,com. It may be re-posted freely with proper attribution, author bio, and this copyright statement.


Related Posts:

No Comments

Leave a Reply

Knowing Their Harm, Politicians Still Push for Minimum Wages

Source: Foundation for Economic Education December 29, 2017 by  Matthew Lau Critics of minimum wages often argue that raising the minimum wage is a policy guided by good intentions but ultimately counterproductive due to unintended consequences – primarily, the unemployment it causes for low-skilled workers and additional costs it piles …

Demise Of The Petrodollar Has The Potential To Reshape The Geopolitical World

Source: New Eastern Outlook November 23, 2017 James ONeill In the early 1970s President Richard Nixon instigated two changes that had profound effects. The first of these was taking United States off the gold standard; i.e. henceforth US dollars would no longer be convertible to Gold. Ordinarily this might have …

2nd Amendment
Colorado Democrats Driving Businesses Out of State

posted on February 18, 2013 by Giacomo Evidently, Colorado Democrats aren’t concerned about their 7.6% unemployment rate with their newly proposed legislation. On Friday, the Colorado State House of Representatives which is controlled by Democrats, used a voice vote to give an early approval House Bill 1224 that would drive …