Despite what most economists will tell you, the world as we’ve known it – or at least as I’ve known it for my whole, but young(ish) life – is gone. Economists were wrong when they told you that Covid lockdowns would last a couple of weeks; they were wrong when they told you that the economy had recovered from Covid; and they are wrong about inflation right now. My frustration with economists, and the field of economics, recently reached boiling point. Here are some reasons why: In March 2020, it seemed fairly obvious to me that a lockdown would last as…
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