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A comment on Economic Termites Are Everywhere: stats hide the experience of being cheated. Parent comment

Re:Economic Termites Are Everywhere: stats hide the experien... by owlstuffing on Sunday June 09, 2024 @09:42AM (#40624374)
Not that economics is a credible science, but you’re conflating talking heads with economists. Talking heads exist to peddle the agenda of the elites who own them.
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Re:Economic Termites Are Everywhere: stats hide the experien... by 1oooqooq on Sunday June 09, 2024 @12:25PM (#40625525)
who do you think economists also listen to?
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Re:Economic Termites Are Everywhere: stats hide the experien... by braiamp on Sunday June 09, 2024 @12:45PM (#40625693)
I hope they listen to data. Either that they gather themselves or gathered by reputable organizations. Consumer confidence index for example tries to gather the sentiment of the consumers.
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Re:Economic Termites Are Everywhere: stats hide the experien... by 1oooqooq on Sunday June 09, 2024 @11:40PM (#40629918)
data says whatever you want it to. nobody will ever make a model that is devoid of personal interest. even your example just measure how bad a product can be for maximum profit. i.e. buying ten disposables is better than one good product.

where t f people got that holy image of economists?

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