Talking about zz

  I think most of the following points are very sharp and I fully agree. The only thing that I disagree is "经济学家改变不了世界". It might be more appreciate to say "Most economists cannot change the world or have a negligible impact on the world". They (including me) just produce some junks on journals and try to get their tenures. However, some economists such as policy advisors for the president do have important inputs on policy issues that impact our everyday lives.











6 responses to “Talking about zz

  1. a, wo shi zhuan tie de. ZZ means Zhuan tie…….By the way, we never know whether those Policy maker are right or not. It is important though it is not necessarily good to us.

  2. feels like written by 兰小欢

  3. Yes, I just figured out that the post was originally written by 兰小欢. I did not spend enough time on literature review, sorry for it :-).to zeng: yes, I agree that many of the economic polices are totally wrong. There are plenty of examples that some well-intended policies made disasterous consequences. I am betting on the healthcare reform this time. These are policies that will change our world, but not necessarily in the right direction.

  4. I also don’t agree economists can’t change the world. To borrow Keynes’ one of the most famous quote: The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood. Indeed the world is ruled by little else. Practical men, who believe themselves to be quite exempt from any intellectual influence, are usually the slaves of some defunct economist. Madmen in authority, who hear voices in the air, are distilling their frenzy from some academic scribbler of a few years back. I am sure that the power of vested interests is vastly exaggerated compared with the gradual encroachment of ideas.

  5. Too many such examples. The first coming into my mind are Keynes, Marx, etc..

  6. happiness is really important.What else do you want from a job?? Happiness and money. Other stuff, is bonous.BTW, it appears to me that only Chinese Scholars want change the world by academic thing rather than, you know, directly being a politician……修身最后平天下的理念,貌似中国人比较有啊…

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