For Prof. Bill Mitchell of the University of Newcastle, Australia, the economics profession is disappointing and said " My profession is a total disgrace and arrogance makes us blind to reality. The latest survey by the National Association of Business Economics reinforces how point away from the reality that is my profession "
We do not agree with his statements, the daily supply of economists is appreciated in all local and international markets. While there are deviations as in any profession that sometimes gives more importance to events entirely theoretical, when the phenomena are social.
Here the link:
http://bilbo.economicoutlook.net/blog/?p=13709
http://bilbo.economicoutlook.net/blog/?p=13709