If economists are so smart, why ain’t they rich?

[basquebromance]

There’s a joke on Quora about a bunch of investment bankers who ask an economics professor why he isn’t rich if he’s so smart. He asks them why they aren’t smart if they’re so rich...NYT examines it, but you have to subscribe

Opinion | ‘If Economists Are So Smart, Why Ain’t They Rich?’

Here are five theories.

www.nytimes.com

 

[toobfreak]

If economists are so smart, why ain’t they rich?​

OTHER WORTHWHILE QUESTIONS:

1. If economists are so smart, then why don't we have a booming economy?
2. If diplomats are so smart, then why is the world still filled with wars?
3. And if politicians with college degrees are so smart, then why is the world filled with poverty, injustice and crime?

When self-professed experts fail badly, it is time to let someone else try.

 

[1srelluc]

Behind every problem you will find a leftist Ivy League sheepskin.