“economics is made deliberately hard by people in the trade. They make it almost a black art simply to confuse and bewilder the general public”
Not all that different from the mumbo jumbo dished out in other fields of study such as the law and information technology.
Where were the learned economic prognosticators just before the Great Recession? Truth is, they didn’t see it coming. They do however, have the unique talent of making hindsight sound prescient.
I minored in econ but am learning far more useful and lucid information from Peter Schiff’s book “How and Economy Grows and Why it Crashes”.
Rxcellent book.