The Best Way for Economists to Stay Relevant Today Is to Go Out of Business

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The Best Way for Economists to Stay Relevant Today Is to Go Out of Business

By Daily Bell Staff – January 11, 2017

How Economists Can Stay Relevant Under Trump … Economists are going to have to approach things a bit differently if they want to stay relevant in the Trump age. Political economy research is going to become more important. Some humility wouldn’t hurt. And they should look someplace other than the federal government to test their ideas.  This is what I took away from this past weekend’s American Economic Association’s annual conference, where I heard a panel with five Nobel-winning economists on the topic of “Where is the world economy headed?” – Bloomberg

God willing, they can’t. Economics, as a profession is part of central banking. Almost no economics, with the exception of Austrian economics rejects central banking.

But economics

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