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Re:Spreadsheet Horror Stories by jaclaz on Friday February 28, 2020 @02:08PM (#22445384)
Sure, by "establishment" I intended the politicians too.

Still the main responsability sits on the economists and their peers.

I mean, not that I want in any way to absolve the politicians, mind you, but what can they do - not being economists or more generally technically experts in this or that field - if not choosing the theories from people qualified by notorious universities?

In my experience what matters in this is reputation (and network), which in itself is not "bad" in an absolute sense, but I see a lot of sloppy or downright "wrong" works (even if rarely with such severe consequences) coming from these people lately.

It seems to me like there are not (or not enough) critical reviews/checkings/etc. in some (scientific or pseudo-scientific) circles.

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