In My Experience, Getting Drunk With Political Scientists Is Safer Than Getting Drunk With Economists

One of the most amusing things about market commentary is that because economics is arguably the "softest" of the "soft" sciences, you can pretty much spin whatever narrative you want to spin at any given time. Economists - especially the ones who take themselves too seriously, which is most of them - would invariably argue that the above characterization is upside down. That is, they might well tell you that when it comes to "soft sciences", economics is the "hardest" of the lot. I don't think

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