this post was submitted on 20 Aug 2023
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[–] PeepinGoodArgs@reddthat.com 4 points 1 year ago (1 children)

It's barely a social science.

It's pure PR that a whole profession can be wrong so consistently and still have so much influence.

[–] snooggums@kbin.social 4 points 1 year ago (1 children)

Economics is like weather forecasting, but less reliable.

[–] darkbluestudios@kbin.social 4 points 1 year ago

Funny enough, this is a really underrated comment @snooggums

It's like most of the weather forecasters predicting the weather by watching other weather forecasters

And people making bets on cyclones and hurricanes

And if you get enough weather forecasters to agree it will rain, then it will rain.
With people cheering for sunny skies and rain clouds, and then arguing over breaks in the clouds vs gathering storms