An economic theory offered by a geophysicist
Most economists are like weather forecasters. They can explain disasters after they've happened but they're no good at predicting them. But while no-one expects meteorologists to be able to stop hurricanes, economists often think the storm will be averted if we take their advice.They tell you the markets are rational, which begs the question of why trillions of dollars can just disappear. They tell you the markets operate better on the basis of information flow, when all the evidence suggests
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