I believe...


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...That God created economists just so He could have a good belly laugh now and then.

 

When oil was over $100 a barrel I read numerous news articles about how the the high cost of oil was hurting the economy.

 

Now that the price is half of that I am seeing numerous articles about how the low price of oil is hurting the economy.

 

If we were to assign them an emoticon it should probably be this... :clown:

Edited by Capitalist_Oinker
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I believe He did it as a form of punishment to frustrate, confound and humble those who believe that they can calculate and manipulate their way to increasing their worldly wealth at the expense of others. Economists probably serve a similar role today as did the false prophets in the time of the Old Testament. :) 

 

 

Jeremiah 14:14

 14 Then the Lord said unto me, The prophets prophesylies in my name: I sent them not, neither have I commanded them, neither spake unto them: they prophesy unto you a false vision and divination, and a thing of nought, and the deceit of their heart.

 

6 Lo, thou trustest in the staff of this broken reed, on Egypt economists; whereon if a man lean, it will go into his hand, and pierce it: so is Pharaoh king of Egypt are economists  to all that trust in him.

 

Jeremiah 6:13

13 For from the least of them even unto the greatest of them every one is given to covetousness; and from the prophet economist even unto the priest every one dealeth falsely.

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Guest MormonGator

Economics is amazing. 

 It is amazing. I love reading books by Bastiat-my favorite economist aside from Friedman. I also like Hayek and Thomas Sowell. 

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