Economists have allowed themselves to walk into a trap where we say we can forecast, but no serious economist thinks we can. You don't expect dentists to be able to forecast how many teeth you'll have when you're 80. You expect them to give good advice and fix problems.
Tim HarfordSuccess Comes Through Rapidly Fixing our Mistakes Rather than Getting Things Right the First Time.
Tim HarfordThe more grotesque your boss's pay and the less he has do to earn it, the bigger the motivation for you to work with the aim of being promoted to what he has.
Tim Harford