Wrath of the Egonomists: Why Were Economists So Wrong About Inflation? | The McFuture w/Steve Faktor

How is it possible to be so wrong AND so smug? @Robert Reich @Stephanie Kelton, Paul Krugman & others have tapped into the world's highest paying form of ignorance: #economics. Some even got shiny Nobel trophies! Steve Faktor explores seven reasons #economists were so wrong about #inflation, energy, and so much more. | Support the show & get member-only episodes at https://Patreon.com/McFuture

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Other sources: @The Atlantic https://www.theatlantic.com/ideas/archive/2022/04/pandemic-failed-economic-forecasting/629498/