Friday, November 4, 2011

Empirical Economists Interpret Their Data Like Sorcerers.

Empirical economists use numbers as if the numbers speak for themselves and then they take the next step as an ego-driven interpreter. This is done as part of their justification for intervention, by these so-called 'experts.' Some of them have impure motives and some are just miseducated to be empirical economists, but the status quo of all of ego-driven interpreters is to intervene with their finite knowledge into an economy which is infinitely beyond their comprehension.

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