Economists Really Gots No Science

Posted on 6th March 2009 by Ryan Somma in Enlightenment Warrior

Wow. If I’d only followed CNBC’s advice, I’d have a million dollars today… provided I’d started with a hundred million dollars.” – Jon Stewart

Thank the Cosmos for The Daily Show. I’ve been meaning to sit down and quantify just how incredibly wrong all those idiots like Jim Cramer, Rick Santelli, and the Fast Money Team are on economic matters, but Jon Stewart’s team has summed it up much more entertainingly than I would have, however possibly a little more anecdotally.

The best part of the clip starts at 02:49:

I’ve said it before, and I’ll say it again: Economists got no Science.Economists got no ScienceEconomists got no science

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