About

Economics of almost everything.

"This is really odd that economists are expected to predict the future, because no on expect other people in other disciplines to predict the future. Nobody says to the biologists: What is the next stage in evolution? If you can't expect the next stage in evolution... well I guess biology just isn't a science and, that no one should listen to you. Nobody says to the political scientist: Well... you know, who is going to win the next election? If you can't tell me now, then I guess, you know, political science does not mean anything. But somehow economics takes this burden, that people in economics are supposed to be able to forecast the future"

Timothy Taylor, in Economics, 3rd Edition (The Great Courses) (2008), Chapter 1: "How Economists Think"

Aspiring photographer, kiteboarder, and all time coffee addict.