They are about as useless as McNamara's wiz kids! :rant:
I've even had take a micro-economics class at AUM. At the end of every class, I felt like my head was going to explode from all of the sheer simple-minded ludicrously flawed theories I just heard or read.
3. Disagree. I listened to Paul Krugman last fall and moved all our 401K funds into ready assets.
Didn't lose a penny of that money but unfortunately I didn't act on a roll-over acct and lost 40% there ( luckily it was a small % of our retirement funds). I have Krugman's blog bookmarked and I listen to what he says!
6. I enrolled in a few econ courses at my university
and aced them without ever really studying. My professor wanted me to switch majors (from Math and Computer Science) to Economics. I was there to meet cheerleaders and sorority girls. I laughed at him and told him that the entire "science" seemed bogus.
10. On a related subject, my economics textbook was written by W's economic adviser!
If you wanna know why I'm pissed. Not to mention that taking those classes was like having an ice pick stuck in you skull, you can't wait to get it out.
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