Discussion Tuesday

Today just a quote from someone I was talking to:

I used to think I hated just economists due to their arrogance, the arrogance of knowing about the social and economic world.  It turns out I hate everyone as, as everyone seems to believe they know how the world works and how to fix it.

It is a general sentiment (around knowledge) that I agree with – although the hatred is unnecessary.  In truth, my view is that it is undue confidence about our own folk model of the economy/society is part of human nature – accepting we know a lot less, and trying to make our statements around policy transparent and testable, would be neat things.  In my view this is what good “economics” involves.