What economist don't know.

Listen to a part of a talk by economist Tim Harford, then answer the following questions. The talk focuses on the falibillity of economists.





1. What is the speaker's view of economy as an object of study?


2. What are some ways economist try to expose the truth about the economy?


3. Who are the "talking heads" on TV, and why are they always wrong?


4. How does the speaker use the analogy of the problem of the supermarket check out line (cue) to explain how markets actually work?


5. Why can't economists forecast the stock market; that is, what are the limits of the job of economists?


6. Give us your opinion about the talk. Do you agree wuth the speaker's views? What are your views on the job of economists in today's society? Add your response by clicking on the comments link below.