“The good news is that economists are intelligent, engaging and often charming folks. The bad news is their work is often of little use to investors.” LittlesUseNewsIntelligentFolksInvestorsCharmingEconomistEngagingGood NewsBad News Author:Barry Ritholtz
“For those of you who may be unaware, [Michael] Boskin is the economist/weasel/fraud who helped to officially distort the CPI, making it more or less worthless as a measure of inflation. The Boskin Commission... was an act of cowardice. Rather than man up and say fix this, its broken, we can't afford it.” MenMayBrokenFraudCowardiceEconomistWorthlessInflationWeasels Author:Barry Ritholtz