Why are we still listening to economists?

I am amazed that anyone listens to mainstream economists anymore.

As we have seen during this financial crisis, the economists who occupy the centre of public debate have never got it so wrong. In the face of the current global crisis, those economic liberals who were until recently defenders of the status quo need to face two things: first, this a crisis of their own making; and secondly, they have little (if anything) left to offer.

I published the following opinion piece for the Centre for Policy Development on this issue... check it out at:

http://cpd.org.au/article/why-are-we-still-listening-economists