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/econ/ - Economics

Economically IIliterate

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File: 1428868863717.jpg (112.9 KB, 364x568, 91:142, 1427580800830-3.jpg)

 No.164

should a politician study economics or leave that to someone else? i can't imagine world leaders studying economics instead of politics and history - so that is why i wonder if people like hitler, stalin, obama, bush, sadaam hussein, roosevelt and others sat down studying economics instead of having an adviser.

 No.167

>>164

An advisor isn't of much use if you don't understand what he's talking about.


 No.173

They have to study about all the things that politics are involved in, all a country contains. They need to get as much information as they can get, or else they're not gonna be prepared to take control of a nation


 No.174

If you're going to be a politician I think it's crucial to have at least a basic understanding of economics. Without that you wouldn't be able to identify the cause of economic issues and develop a plan to solve them. I imagine that an expert adviser is important but that leasers also need to be able to make independent decisions. Also, a leader/politician who doesn't know much about economics would never be trusted to a position of power.


 No.185

“Practical men who believe themselves to be quite exempt from any intellectual influence, are usually the slaves of some defunct economist."

– le deficit man




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