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by mempko 2399 days ago
Im sorry but, when have economists been right about anything? Economics is not a science, they just use math and big words because real scientists seem to.
2 comments

Economists can be pretty damn good at estimating the effect of things on the economy: https://www.cbpp.org/blog/cbo-correctly-predicted-historic-c...

> Meanwhile CBO’s 2010 premium projections were remarkably accurate: within 1 percent of actual average 2017 marketplace premiums.

Note that economists aren't running climate models. IPCC climate scientists are running models projecting what will happen (e.g. crop yields will decline by 20%.) IPCC economists are then putting a dollar value on those effects. (If crop yields decline by 20%, what will be the hit on the economy?)

Economics is a difficult phenomena but any nation or academic body which ignores it study would be severely foolish. There’s no point in bashing its scienciness.
Economics, as a discipline and organised body of knowledge, is going through a rather severe crisis of confidence. And does, periodically.

https://www.ineteconomics.org/events/the-economic-crisis-and...