Fun4U: Economists: Digest 4

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We have 2 classes of forecasters: Those who don't know ... and those who
don't know they don't know. - John Kenneth Galbraith

"Murphys law of economic policy": Economists have the least influence
on policy where they know the most and are most agreed; they have the
most influence on policy where they know the least and disagree most
vehemently. - Alan S. Blinder

Economists don't answer to questions others make because they know what
the answer is. They answer because they are asked.

There is also a joke about the last Mayday parade in the Soviet Union. After
the tanks and the troops and the planes and the missles rolled by
there came ten men dressed in black.
"Are they spies?" Asked Gorby?
"They are economists," replies the KGB director, "Imagine the havoc they
will wreak when we set them loose on the Americans"

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