Quote:
Originally Posted by Paul D
There's a wide difference between textbooks and books by Friedman, Hazlitt, Krugman, Hayek that were written to give readers general ideas but not bog them down with the technical side of Economics.
To understand Economics you should know the theories, models, and why all of the above men reached their own conclusions. That's the important part. Then you can begin to think for yourself and not read stuff you merely agree by trained Economists or ideologues.
If you do not want to learn Economics then by all means hold that jaded viewpoint.
I'm okay with outsourcing expertise in areas that I don't have time to study in depth. I already do it with regards to the medical experts, vehicle mechanics, etc. Provided you make it a point, as I have, to seek out a range of expert opinions, it shouldn't be a problem.