March 07, 2013

What are you trying to say?

So what the bad predictions tell us is that we are, in effect, dealing with priests who demand human sacrifices to appease their angry gods — but who actually have no insight whatsoever into what those gods actually want, and are simply projecting their own preferences onto the alleged mind of the market.

(link)

1 Comments:

Blogger First Sea Lord said...

Call me crazy, but I am beginning to suspect the distribution of economic and political power and the behavior of distinct social classes are related.

March 8, 2013 at 10:08 AM  

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