Economists blackened by coalmine – Gareth Hutchens SMH

If one definition of the word prostitute is ”to sell one’s talents for an  unworthy purpose”, then how should we describe what economic consultants do?  These people dream up seemingly economic arguments and model results for whoever  can afford to pay for their ”independent” assessments. Their work is then used  to ”prove” that thousands of jobs will be created if some controversial  building or mining project can go ahead.

Read more: http://www.smh.com.au/business/economists-blackened-by-coalmine-20140411-36irb.html#ixzz2yenATCx2

 

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