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Who: Kimball Corson. Text and Photos not disclaimed or that are obviously not mine are copyright (c) Kimball Corson 2004-2016
Port: Lake Pleasant, AZ
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22 August 2017 | Pago Pago, American Samoa
22 August 2017 | Pago Pago, American Samoa
22 August 2017 | Pago Pago, American Samoa
22 August 2017 | Pago Pago, American Samoa
22 August 2017 | Pago Pago, American Samoa
22 August 2017 | Pago Pago, American Samoa
22 August 2017 | Pago Pago, American Samoa
09 August 2017 | Pago Pago, American Samoa

The Rise of Economic Ignorance

22 August 2017 | Pago Pago, American Samoa
Kimball Corson
Everyone is an economist in this day and age; all pontificate in the declarative mood as though they actually know something, from home brew ignorati (e.g., John Hochbaum) to PhD level true economists (John Nail, me, David Laipple and Panayotis Economopoulos) to many in between with some real knowledge who are really quite knowledgeable and have learned and are learning much well (Dean Scourtes, Loren Spiekerman, and others).

Most of the real economists won't engage with the ignoranti except to say "Nonsense" in passing because the information, training, skill gap is too great to bridge in this abbreviated format. The problem is and remains tons of disinformation and economic propaganda is getting disseminated and many people are becoming misinformed about economics.

Of course that is the goal of the well paid propagandists employed by the Koch & Friends networks including the Heritage Foundation, the Cato Institute, FEE and PragerU among many others. They want you misinformed so we can't all get our economic crap together and act unified politically. They are succeeding.

The damnable thing is apparently the economics profession doesn't really care. At the university level, they get their grants, keep their noses to the grindstone and are careful not to make waves. They pretend there is no problem, as long as their grants are approved. They are a bit bought off.

The problem with economics, is it is easy to sound good, get somethings correctly, seem plausible and be total wrong on targeted conclusions. The propaganda is designed around that model. However, good propaganda avoids empirical work at all costs and that is its Achilles heel.

But regrettably that is mostly beyond all except at the PhD level and not within the scope of public discussion. But serious empirical work is now getting more popularized so their is some hope/

Meanwhile, economic ignorance soars through the roof.
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Vessel Name: Altaira
Vessel Make/Model: A Fair Weather Mariner 39 is a fast (PHRF 132), heavily ballasted (43%), high-aspect (6:1), stiff, comfortable, offshore performance cruiser by Bob Perry that goes to wind well (30 deg w/ good headway) and is also good up and down the Beaufort scale.
Hailing Port: Lake Pleasant, AZ
Crew: Kimball Corson. Text and Photos not disclaimed or that are obviously not mine are copyright (c) Kimball Corson 2004-2016
About:
Kimball Corson: I am a 75 year old solo sailor, by choice. However, I did take on a personable, but high maintenance female kitten, now a full grown cat, named KiKiPoo when she is sweet, or KatKatPo after she has just killed something like a bird or bat. [...]
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Although I was a lawyer and practiced law with good success for thirty years, creating significant new law, I never really believed in the law, the politics of law or in the over reaching self-interest of most lawyers I met. Too much exposure to Nietzsche and other good and seriously thoughtful [...]
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Profile

Who: Kimball Corson. Text and Photos not disclaimed or that are obviously not mine are copyright (c) Kimball Corson 2004-2016
Port: Lake Pleasant, AZ