Don’t trust the bloggers on economics: Fed economist
Kartik Athreya, a senior economist at the Richmond Federal Reserve, has attacked bloggers who opine on economic matters with little academic training.
Athreya says: "There is extremely low likelihood that the speculations of the untrained, on a topic almost pathologically riddled by dynamic considerations and feedback effects, will offer anything new. Moreover, there is a substantial likelihood that it will instead offer something incoherent or misleading."
Economics is far, far more complicated
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